Public Registers

The GFXC supports market-led mechanisms that raise awareness of the Global Code and aim to promote the Code's widespread adoption by market participants. Upon the publication of the Code, some market participants expressed interest in the creation of and having access to "public registers" -- repositories of information that (i) facilitate market participants making their use of the Statement of Commitment to the FX Global Code public, and their attendant recognition of, and commitment to adopting the good practices set forth in the FX Global Code; and (ii) assist interested parties in identifying market participants that have done so.

In order to support the development of public registers the GFXC provided initial guidance to potential public register hosts, in the form of a short set of non-binding considerations as to the recommended characteristics of a public register that would most effectively achieve purposes set out in (i) and (ii) above.

The GFXC then established a Global Index of Public Registers to act as a central location that links participating public registers, providing a more comprehensive view of market participants' commitment to good practices.