Latest News

6 July 2026

The GFXC will launch the 2026 FX Global Code Survey in early August 2026. The goals of the Survey are to gather Market Participants’ feedback on:

• awareness and adoption of the FX Global Code (Code);
• the effectiveness of the Code and its associated materials as revised in 2024; and
• areas of focus for the 2027 Code review.

The Survey will be open to all Market Participants (as defined in the Code). If you would like to participate in the Survey, please contact survey@globalfxc.org with your name, email address and organisation name and a link to the Survey will be provided once it is live. Your details will be shared with the Bank of England, which is administering the Survey on behalf of the GFXC, so that you can be sent an individual Survey link when the Survey is live.

The Bank of England will use your details for the purposes of administering the Survey and, where appropriate, contacting you about future GFXC surveys. Please see the Bank of England’s Privacy Notice as to how your personal data will be processed. Only aggregated Survey results will be published, and accordingly individual responses will not be identifiable.

10 June 2026

GFXC convened in Toronto to discuss progress to further strengthen FX Global Code adherence, announce the FX Global Code Survey, and elect a new Chair. Read the Press Release.

10 December 2025

GFXC meets to take stock of progress on the adoption of the FX Global Code, analyse recent developments in FX markets, evaluate its priorities going forward, endorse new Co-Vice Chair and encourage preparation for the T+1 settlement transition. Read the Press Release.

8 December 2025

The GFXC is pleased to announce the appointment of Mr. Manuel Mondedeu, Managing Director and Co-Head of Global FX at CIBC Capital Markets, as Co-Vice Chair of the GFXC for a three-year term. With over 25 years of experience in the FX industry across major financial institutions in Europe and Canada, Mr. Mondedeu brings valuable and practical insights to the GFXC’s mission of promoting best market practices. His contributions have already been instrumental in advancing the GFXC’s objectives, particularly through his participation in the FX Settlement Risk Working Group and his active involvement in the Canadian Local FX Committee. The GFXC is privileged to have him on board and looks forward to the positive impact his engagement will have going forward.

11 July 2025

GFXC convened in Singapore to assess the progress made this year on the adoption of the FX Global Code, discuss recent developments in FX markets, and present its upcoming priorities. Read the Press Release.

About the GFXC

The Global Foreign Exchange Committee (GFXC) was established in May 2017 as a forum bringing together central banks and private sector participants with the aim to promote a robust, fair, liquid, open, and appropriately transparent Foreign Exchange (FX) market in which a diverse set of participants, supported by resilient infrastructure, are able to confidently and effectively transact at competitive prices that reflect available information and in a manner that conforms to acceptable standards of behaviour.