On May 22, 2026, the Governor of the National Bank of Ukraine, Andriy Pyshnyi, on behalf of the National Bank of Ukraine, signed a Statement of Commitment to the FX Global Code.
“The NBU’s accession to the FX Global Code is not only evidence that the processes related to our activity in the foreign exchange market comply with the best global standards, but also a public commitment to adhere to ethical and professional standards in the future. We are grateful to our colleagues from the Bank of England and the Deutsche Bundesbank for the exchange of experience on central banks’ accession to the FX Global Code. The National Bank, by its own example, calls on its counterparties and all market participants to follow the principles of the FX Global Code in order to ensure a fair, transparent, and sustainable foreign exchange market,” Pyshnyi said.
The statement confirms that the National Bank commits to conducting its foreign exchange market operations in accordance with the established principles of the code, which are recognized as best practice in the global FX market. The NBU has also taken appropriate steps to align its activities with the principles of the Global FX Code.
As previously reported, the Global FX Code was developed with the participation of the Bank for International Settlements (BIS) and the ACI Financial Markets Association (ACI FMA) and was published in 2017.
The code sets out a single set of guiding principles to ensure the integrity and effective functioning of the global foreign exchange market.
