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reported to ACI SA for breaching the Model Code. The trader concerned was dismissed by his employer. 5 Mr Langley2 testified that unethical behaviour occurs amongst forex traders in South Africa in these respects:- 2 The evidence of Mr M Langley, former Head of Foreign Exchange, Credit Agricole Indosuez, Johannesburg, Expert Bundle 143, Record 209-215 . Commission of Inquiry into the rapid ... Dear councillors ACI – Financial Markets Association (ACI FMA) continues to believe that important issues are raised by the Mark Johnson case that require resolution. Dealers globally have a right to have legal certainty when executing trades and confidence in the legal agreements they use. ACI FMA believes the current verdict denies them that certainty ... Ethical Behaviour and ACI Model Code Marshall Bailey, CFA Global President ACI International +44 207 537 6250 [email protected] For Internal Use Only - Confidential. Focus on Culture Change in Financial Services Need to Demonstrate Best Practice March 9, 2014 2:04 pm Forex probes set to dwarf Libor cases By Daniel Schäfer and Sam Fleming March 9, 2014 2:04 pm Big banks face up to ... Saturday, 11 February 2017. Aciforex Modell Code Of Professionelle Verantwortung All the evidence over the past two years suggests that The Model Code is gradually fulfilling this critical role throughout the currently 66 countries in which ACI has affiliated national associations. I am pleased to commend this second edition to all dealing, administrative, control, audit, accounting, compliance and management personnel amongst the participants in our markets. The Model ... Several central banks publish voluntary best-practice guidelines for the FX market, including the BoE’s non-investment products (NIPs) code, while the ACI has a “model code”, which states clearly that traders should be banned from executing trades in front of customer orders on the basis of confidential client information. Some believe those codes will now have to be beefed up. “The ACI FMA’s Model Code will continue to exist for the time being, as it remains the code of choice for many market participants around the world and covers a broad range of topics. As the BIS code enters its second phase, we anticipate that many of the topics in the Model Code will also be incorporated,” adds ACI.

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BLACK ARROW ...THE ORIGINAL VERSION IN 4 LIVE TRADES !!!

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