Following a number of recent scandals, the Bank of International Settlement (BIS) has outlined its new global code of conduct for foreign exchange with an aim to bring confidence and transparency back to the foreign exchange markets. The move will of course mean changes to the FX industry that will have an acute impact on how banks and corporate treasury departments interact.
What do these changes mean for corporate treasurers and how will they impact their FX trading activity? In this webinar, Neill Penney, Managing Director and Co-Head of Trading at Thomson Reuters outlines what this all means and why it may be a good time for treasurers to take a deeper look into their FX activity.
The objective being not only to ensure that treasury is prepared for the new rules, but also to look at ways to begin leveraging best in class analytical tools to conduct a prudent transaction cost analysis (TCA) of all deals and prove best execution, tap into new trading strategies, leverage performance measurement tools in order to demonstrate their worth, meet due diligence requirements and enhance performance.