July 27, 2022 - Northern Trust has renewed its Statement of Commitment to the FX Global Code. By renewing the Statement, Northern Trust is committed to adhering to the Code and its principles when acting as a market participant in the foreign exchange market.

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Marisa Kurk, Northern Trust Global Head of Foreign Exchange

“We are pleased to renew our commitment to the FX Global Code and continue to support the objective of a fair, open and transparent global FX market underpinned by high practice standards, ethics and governance,” Northern Trust Global Head of Foreign Exchange Marisa Kurk said.

The FX Global Code is a set of global principles of good practice in the foreign exchange market, developed through a collaboration between central banks and market participants from around the world.

The FX Global Code covers areas including ethics, governance, execution, risk management and settlement processes.

Northern Trust issued its initial Statement of Commitment in 2018 to demonstrate its commitment to the principles expressed in the Code.

Global Foreign Exchange is a division of Northern Trust Capital Servicing, and provides a range of liquidity, trading, transaction processing and outsourced FX solutions for institutional investors.