RBC I&TS today announced that it is signing the Statement of Commitment to the FX Global Code – a set of global principles of good practice designed to promote the integrity and effective functioning of the wholesale foreign exchange (“FX”) markets.

A link to our Statement of Commitment to the FX Global Code can be found here.

Rob Pomphrett, Global Head of Treasury & Market Services, RBC Investor & Treasury Services said:

“Signing the Statement of Commitment allows RBC Investor & Treasury Services to join our peers to promote a robust, fair, open and transparent FX market, which is in the interest of all market participants. This is a further step which will strengthen trust between RBC I&TS and its clients and reflects RBC’s vision to be among the world’s most trusted and successful financial institutions.”

An integral part of the FX Global Code is enhanced disclosure and transparency. As such RBC I&TS is issuing a revised Client Notice covering our activities in the FX markets.