On 26 June 2019, the FCA confirmed that it was recognising the following voluntary market codes of best practice under its codes recognition scheme:
- FX Global Code – maintained and updated by the Global Foreign Exchange Committee. The code sets global principles of good practice standards in the foreign exchange (FX) market, promoting the integrity and effective functioning of the wholesale FX market; and
- UK Money Markets Code – maintained and updated by the Money Markets Committee. This code sets standards and best practice expected from participants in the deposit, repo and securities lending markets in the UK.