BOJ reaffirms its commitment to the FX Global Code

Statement on the FX Global code from the Bank of Japan

STATEMENT OF COMMITMENT TO THE FX GLOBAL CODE

Bank of Japan has reviewed the content of the FX Global Code (“Code”) and acknowledges that the Code represents a set of principles generally recognized as good practice in the wholesale foreign exchange market (“FX Market”). The Bank confirms that it acts as a Market Participant as defined by the Code, and is committed to conducting its FX Market activities (“Activities”) in a manner consistent with the principles of the Code. To this end, the Bank has taken appropriate steps, based on the size and complexity of its Activities, and the nature of its engagement in the FX Market, to align its Activities with the principles of the Code.

Bank of Japan

January 30, 2018

Bank of Japan

Everyone is getting reconfirming their stance after the Mnuchin/Trump comments. Want to read the Global FX Code, well here you go.