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Corporate Certification


Introduction to the Global FX Code

Course level : Short courses

After a three-year review, the Global FX code was updated in July 2021 to strengthen conduct standards and reflect changes in the FX markets.

Failing to adhere to the Code, can lead to severe penalties for both firms and individuals. Regulators and central banks in all major jurisdictions expect both buy-side and sell-side FX market participants to have committed to the Code. The Global Foreign Exchange Committee often carries out surveys to check how the Code has been implemented, including checking that committed companies are training their staff regularly on the principles.

Created by experts who have worked in organisations that needed to carry out major remediation following on from FX misconduct from 2013, this course will enable you to:

  • understand the importance and core principles of the Code
  • grasp the regulatory and reputational risk of non-compliance
  • be able to demonstrate to the regulator that you take your market participation seriously
  • recognise the commercial advantage compliance to the Code will afford you and your organisation.

This introductory course provides the background to the Code, core principles and the need for greater personal accountability through these modules:

  • Importance of the Code
  • Regulatory Risk
  • Reputational Risk
  • Commercial Advantage
  • The Core Principles

This course is suitable for:

  • Both regulated and unregulated firms who have adopted or are informally applying the Code
  • Compliance professionals, investment managers, asset managers or FX traders who want to ensure adherence or validate their knowledge.
  • Self-paced, online, gamified learning
  • Quizzes to test your understanding
  • Access for 12 months (in which time you can continue to test your knowledge as often as you want)
  • Certificate of completion
per currency depending on location   
GBP  100
EUR  TBC
USD  TBC

Course fees stated exclude VAT or local tax, this will be added to your basket at the checkout if applicable.

Exclusive Qualification Discount for ICA Professional and Fellow Members

All ICA Professional and Fellow members are entitled to discounted rates on subsequent qualifications they choose to enrol on:

• Professional (MICA) - 10%
• Fellow (FICA) – 15%

Simply enter your membership number on enrolment to gain your exclusive discounted rate.

Non-ICA members enrol here.

ICA Professional members enrol here

ICA Fellow members enrol here.

 

Launching December 2021

This expanded version of the course takes a more in-depth look at the Global FX Code.

Using case studies based on real situations and prosecutions, this course will cover:

  • Personal accountability
  • Ethics
  • Governance
  • Execution
  • Information sharing
  • Risk management and compliance
  • Confirmations and settlements

Price: £400 + tax where applicable

(£300 if you have previously purchased the Global FX Code – Introduction)

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Expert support

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Mark Taylor

Product Director

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Help and support

Alternatively contact us on: +44(0)121 362 7534 / icainfo@int-comp.org (Course information)

or +44(0)121 362 7533 / learningsupport@int-comp.org (Enrolled learners)

or +44(0)121 362 7747 / membership@int-comp.org (Membership)

or +44 (0) 121 362 7503 / epa@int-comp.org (End Point Assessment)