China to create own version of forex code

New committee to write Chinese version of code for onshore banks

asia-globe- roll-out
China set to join the other eight FX centres with a code of conduct

China is creating its own version of the Global Code of Conduct for foreign exchange markets, in a move aimed at aligning the country's rules with international standards outlined in May this year,'s sister site has learned.

The code will apply to local and foreign banks operating in the Chinese onshore market, and it's slated for publication within a year. The work on the code is led by the recently created Chinese Foreign Exchange Committee (CFXC), which operates under the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: