ACI FMA, NYCDL, File New Amicus Curiae in Johnson Case

As former HSBC FX cash trading head Mark Johnson takes his case to the US Supreme Court, ACI – The Financial Markets Association (ACI FMA) has filed a second Amicus Curiae to support his efforts to have his case heard and conviction overturned. Additionally, the New York Council of Defense lawyers (NYCDL), a not-for-profit professional association […]

ACI Unveils New Dealing Certificate

ACI – The Financial Markets Association (ACI FMA) has announced an upgraded to its examination suite with the launch of the ACI Dealing Certificate New Version. The new exam will co-exist with the current ACI Dealing Certificate for a minimum period of six months, the association says, before the latter is discontinued. The exam is […]

ACI to Update Exam Suite

ACI – The Financial Markets Association (ACI) has announced it will be updating its examination suite with all new syllabi. This first exam to be updated will be the ACI Diploma for senior foreign exchange and money market dealers, corporate and bank treasurers and senior operations staff. ACI says the diploma “has long been a […]

P&L Talk Series: Kim Winding Larsen

Days after being confirmed as the next President of ACI – The Financial Markets Association, Kim Winding Larsen talks to Colin Lambert about the job facing him and what he wants to achieve in his new role. Colin Lambert: You have been involved with ACI FMA – and Danske Bank – for a long time; […]

And Finally…

And so, with the usual mixture of celebration and regret, we arrive at the final Accolade of 2018 – my FX Person of the Year.
Obviously last year was a little controversial as I awarded it to an anonymous person (although I think I know the identity of the person concerned) and, you will be pleased to hear, this year is little different.
There was a reasonable field this year, although perhaps not quite up to the standards of previous years.

And Finally…

  And so, dear readers, we commence the second 500 of these columns by returning to a theme that has dominated the past 100 – and which remains the biggest single issue facing the foreign exchange industry at this time. I refer of course, to the appeal against Mark Johnson’s conviction, which is now underway […]

And Another Thing…

In this column on June 7 2018 I wrote that the time had come for someone to show industry leadership when it comes to arguing the foreign exchange industry’s corner specifically around pre-hedging and Mark Johnson’s pending appeal. I looked particularly at the industry associations and, some believe, called them out on it. It is pleasing to see that there is a response from the industry, but it is not yet enough and more can be done – especially by one or two associations.

ACI FMA to Launch New Global Code Exam

ACI – the Financial Markets Association (ACI FMA) is launching a new online version of its FX Global Code Certificate. The new exam will be available from 25 May 2018.
ACI says the 60-minute online exam is aimed at certifying that market participants across buy side, sell side as well as intermediary institutions, regulators, central banks, middle and back-office, operations personnel and compliance and risk officers have taken the first step towards demonstrating adherence and knowledge of the FX Global Code.

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 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 to help demonstrate adherence to the Code.

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