Code of conduct soon for money and forex markets


BNM Governor Datuk Muhammad Ibrahim

KUALA LUMPUR: Bank Negara is expected to unveil a new code of conduct for the Malaysian wholesale money and foreign exchange (forex) markets by January next year to enhance the professional and ethical standards of the financial industry.

According to central bank governor Datuk Muhammad Ibrahim, the consultation paper on the new code of conduct for the wholesale money and forex markets, which was launched yesterday, would undergo a one-month period of gathering feedback from industry players before being finalised and launched early next year.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Bank Negara , code of conduct

Next In Business News

Money pours into EM debt
Are unit trusts dependable?
Banks still top dividend play
Sun Bus Tech goes the extra mile
Who pays for affordable energy?
Brewing ideas into fashion
High-stakes chip war
China assets gain global appeal
Yuan, Singapore gain ground
Travelling in a summer of chaos

Others Also Read