Millennium Global Takes ACI’s ELAC for Global Code Adherence

Currency manager Millennium Global has committed to the FX Global Code of Conduct and will ensure adherence to its principles in partnership with ACI Financial Market Association (ACI FMA) by adopting the association’s E-Learning, Attestation and Certification (ELAC) Portal, an accredited and continuous professional development solution. 

Millennium is the first major UK-based buy side asset management firm to sign up to ELAC, which was launched last year and has also been adopted by ANZ Bank among others.

ELAC will provide the buy-side firm with standardised training and education programmes so it can demonstrate its adherence to the 55 principles of the FX Global Code of Conduct. 

Mark Astley, chief executive officer of Millennium Global, says, “We are pleased to sign up with ACI FMA’s market-leading ELAC portal which will provide accredited training and certification to our team. This partnership demonstrates our commitment to best practice in the foreign exchange markets on our clients’ behalf and shows that we are fully behind the FX Global Code.”

Bruno Langfritz chairman of the Management Board at ACI Financial Markets Association, adds, “As longstanding and active proponents of ethical conduct in financial markets, we wholeheartedly welcome Millennium Global to our ELAC platform. Introducing the first major UK-based asset management firm onto our ELAC Platform is a remarkable achievement for ACI FMA and shows the work ACI is doing to assist the wider industry in embracing the Code. We look forward to working closely with Millennium Global to improve market standards, education, training and ethical conduct.”

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Colin Lambert

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