World Watching As Forex Market Aims To Clean Up Act
Law360, London (May 26, 2017, 9:51 PM BST) -- A new global code of conduct to clean up the $5 trillion daily foreign exchange market is a golden opportunity for financial firms to restore faith after a spate of trading scandals, lawyers say — but, they warn, the voluntary code also provides regulators a handy playbook to dish out massive fines for any future misconduct.
The Bank for International Settlements on Thursday launched the second phase of the Foreign Exchange Global Code to great fanfare, cementing a partnership between 21 central banks and many private-sector participants to rehabilitate the market tarred with several enforcement probes and antitrust litigation alleging manipulation....
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!