This week, we launched the Nigeria Foreign Exchange Code #FXCode – marking a decisive step forward for integrity, fairness, transparency and efficiency in our FX market. The FX Code is built on six core principles: ethics, governance, execution, information sharing, risk management and compliance, as well as confirmation and settlement processes. It represents a binding commitment from the financial community to rebuild trust and inspire confidence.
With the commitment made by bank chiefs and financial market leaders, culminating in the formal signing of the Code at the launch, this collective effort marks a pivotal step toward strengthening trust and accountability in the financial sector.
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