2023-07-19
Added · Updated
The Central Bank of Kenya has reviewed and committed to conducting its foreign exchange market activities in alignment with the principles of the FX Global Code. The bank acknowledges the Code's recognition as a set of good practices and confirms its role as a Market Participant. It has taken appropriate steps to ensure its activities adhere to the Code's standards.
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The Central Bank of Kenya ("Institution") has reviewed the content of the FX Global Code ("Code") and acknowledges that the Code represents a set of principles generally recognised as good practice in the wholesale foreign exchange market ("FX Market"). The Institution confirms that it acts as a Market Participant as defined by the Code, and is committed to conducting its FX Market activities ("Activities") in a manner consistent with the principles of the Code. To this end, the Institution has taken appropriate steps, based on the size and complexity of its Activities and the nature of its engagement in the FX Market, to align its Activities with the principles of the Code. Central Bank of Kenya 27 June 2023
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Source: Central Bank of Kenya — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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