Introduction to the Global FX Code

Course level : Short courses

There was a need to strengthen conduct standards and changes in the FX markets, so the Global FX Code was updated in July 2021.

Understanding the updated Global FX Code is vital, as the Global Foreign Exchange Committee often carries out surveys on implementation and checks on whether firms have committed to training their staff. Failing to adhere to the Code can lead to severe penalties for both individuals and firms.

Created by experts with highly relevant experience of the Code, 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, treasurers or FX traders who want to ensure adherence or validate their knowledge
  • Self-paced, online, gamified learning
  • Quizzes to test your understanding
  • Access for 1 month (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  110
USD  130

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.

Group discounts are also available for 5 or more. Contact us at for more information.

Non-ICA members enrol here.

ICA Professional members enrol here

ICA Fellow members enrol here.


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)

Enrol now


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