Public Register

FX Global Code - Statement of Commitment

The FX Global Code is a set of global principles of good practice in the foreign exchange market, developed to provide a common set of guidelines to promote the integrity and effective functioning of the wholesale FX market. It was developed by a partnership between central banks and market participants from 16 jurisdictions around the globe.

A key part of the FX Global Code is the Statement of Commitment. This is a single, common basis by which market participants can demonstrate their commitment to adhere to the FX Global Code.

For more information about the FX Global Code and the Statement of Commitment, please see the Global Foreign Exchange Committee website.


SFEMC Public Register

The SFEMC is hosting a public register where Singapore-based market participants can publish their Statement of Commitments. The SFEMC public register is a participating public register on the Global Index of Public Registers, which acts as a central location that links various public registers, providing a comprehensive view of market participants’ commitment to good practices.

Singapore-based market participants interested to publish their Statement of Commitments on the SFEMC public register can write to

The SFEMC does not assume responsibility for (a) verifying the accuracy or validity of a market participant’s Statement of Commitment; or (b) monitoring adherence to the Code by market participants.


Market Participant Type Date of Admission Date of Statement Statement of CommitmentsDisclosure Cover Sheet
Barclays Bank PLC Bank 2019-01 2022-06-30
Citi Institutional Clients Group Global FX Bank 2019-01 2022-07-14
Credit Suisse Group Bank 2019-01 2018-05-21
DBS Bank Ltd. Bank 2019-01 2022-06-15
Deutsche Bank AG Bank 2019-01 2022-09-21 N.A
JPMorgan Chase & Co. Bank 2019-01 2022-07-29 N.A
Mizuho Bank, Ltd. (Singapore Branch) Bank 2019-01 2022-10-12 N.A
Nomura, Global Markets Foreign Exchange Division Bank 2019-01 2018-06-29 N.A
Oversea-Chinese Banking Corporation Limited, Singapore Bank 2019-01 2022-07-27 N.A
Standard Chartered Bank Bank 2019-01 2021-12-08 N.A
Tradition Singapore Pte. Ltd. Broker or investment adviser 2019-01 2018-03-02 N.A
United Overseas Bank Limited – UOB Singapore Bank 2019-01 2022-07-22 N.A
UBS Investment Bank Bank 2019-01 2022-02-17
City Financial Investment Company Pte Ltd Asset manager 2019-01 2018-01-23 N.A
Eastspring Investments (Singapore) Limited Asset manager 2019-01 2018-05-25 N.A
GIC Private Limited Sovereign wealth fund 2019-01 2022-08-02 N.A
Graticule Asset Management Asia, L.P. Asset manager 2019-01 2018-04-30 N.A
KGI Securities Singapore Pte. Ltd. Broker or investment adviser 2022-11 2022-10-26 N.A
Bank of America, N.A., Global Banking and Markets Bank 2019-01 2018-04-02 N.A
The FX activity of BNP Paribas Global Markets Bank 2019-01 2022-05-06 N.A
Australia and New Zealand Banking Group Limited Bank 2019-01 2022-05-20 N.A
Maybank Singapore Limited Bank 2019-01 2022-11-08 N.A
Malayan Banking Berhad, Singapore Bank 2019-01 2022-11-08 N.A
HSBC Holdings plc Bank 2019-01 2022-06-30
Monetary Authority of Singapore Central bank 2019-01 2022-08-31 N.A
Bangkok Bank Public Company Limited, Singapore Branch Bank 2019-01 2018-11-30 N.A
Bank of Communications Co., Ltd., Singapore Branch Bank 2019-01 2018-12-28 N.A
Bank of Taiwan, Singapore Branch Bank 2019-01 2018-10-19 N.A
BBVA S.A. Bank 2019-01 2017-09-15 N.A
Cathay United Bank Bank 2019-01 2018-08-11 N.A
Chang Hwa Commercial Bank Ltd. Bank 2019-01 2018-08-20 N.A
China CITIC Bank International Limited, Singapore Branch Bank 2019-01 2019-01-16 N.A
China Construction Bank Corporation, Singapore Branch Bank 2019-01 2018-12-31 N.A
China Merchants Bank Co. Ltd., Singapore Branch Bank 2019-01 2018-09-07 N.A
CIBC Capital Markets Bank 2019-01 2022-06-29 N.A
Credit Agricole Corporate and Investment Bank Bank 2019-01 2018-04-12 N.A
Crédit Industriel et Commercial, Singapore Branch Bank 2019-01 2022-04-27 N.A
DNB Bank ASA Bank 2019-01 2018-07-03 N.A
E.SUN Bank, Singapore Branch Bank 2019-01 2018-09-10 N.A
First Commercial Bank, Ltd. Bank 2019-01 2018-12-20 N.A
HL Bank Bank 2019-01 2018-12-21 N.A
ICBC Standard Bank, PLC, Singapore Branch Bank 2019-01 2022-05-19 N.A
ICICI Bank Limited Bank 2019-01 2018-03-21 N.A
Indian Overseas Bank Singapore Bank 2019-01 2018-12-12 N.A
Intesa Sanpaolo S.p.A Bank 2019-01 2018-12-21 N.A
KBC Bank N.V. Bank 2019-01 2018-06-18 N.A
Krung Thai Bank Public Company Limited, Singapore Branch Bank 2019-01 2018-09-04 N.A
National Australia Bank Limited Bank 2019-01 2017-06-16 N.A
National Bank of Kuwait SAKP, Singapore Branch Bank 2019-01 2018-10-19 N.A
NatWest Markets Plc Bank 2019-01 2022-06-07
Norddeutsche Landesbank - Girozentrale Bank 2019-01 2018-12-05 N.A
Philipine National Bank Singapore Bank 2019-01 2018-12-26 N.A
RBC Wealth Management Bank 2019-01 2018-11-30 N.A
Resona Merchant Bank Asia Limited Bank 2019-01 2018-10-30 N.A
Société Générale SA's Global Markets Division and Société Générale International Limited Bank 2019-01 2017-12-29 N.A
Sumitomo Mitsui Banking Corporation, Singapore Branch Bank 2019-01 2018-12-18 N.A
Sumitomo Mitsui Trust Bank, Limited (SG Br) Bank 2019-01 2018-07-09 N.A
Svenska Handelsbanken AB (Singapore Branch) Bank 2019-01 2018-08-20 N.A
The Bank of East Asia, Limited (Singapore Branch) Bank 2019-01 2018-12-31 N.A
The Hokkoku Bank, Ltd. Singapore Branch Bank 2019-01 2018-06-29 N.A
The Northern Trust Company, Global Foreign Exchange Business Bank 2019-01 2018-05-15 N.A
The Shanghai Commercial & Savings Bank, Ltd., Singapore Branch Bank 2019-01 2018-12-10 N.A
Union Bancaire Privée, UBP SA, Singapore Branch Bank 2019-01 2018-12-05 N.A
VP Bank Ltd, Singapore Branch Bank 2019-01 2018-12-21 N.A
Westpac Banking Corporation Bank 2019-01 2022-08-11 N.A
Bank of America Singapore Limited Bank 2019-01 2022-06-22
TD Securities Bank 2019-01 2022-04-29
SPD Bank Singapore Branch Bank 2019-01 2018-11-21 N.A
MUFG Bank, Ltd. Bank 2019-01 2022-06-17 N.A
CSOP Asset Management Pte. Ltd. Asset manager 2022-10 2022-10-17 N.A
Edgewater Markets E-trading platform 2022-09 2022-09-29 N.A
EBS part of CME Group E-trading platform 2019-02 2022-06-10 N.A
Bank Pictet & Cie (Asia) Ltd Bank 2019-02 2019-01-18 N.A
TFS Currencies Pte Ltd Broker or investment adviser 2019-02 2018-02-27 N.A
LBBW-Landesbank Baden-Württemberg, Singapore branch Bank 2019-03 2018-12-05 N.A
The Norinchukin Bank, Singapore Branch Bank 2019-03 2019-03-01 N.A
Agricultural Bank of China Limited, Singapore Branch Bank 2019-05 2019-05-14 N.A
Euronext Markets Singapore Pte Ltd. E-trading platform 2019-10 2022-09-13
EFG Bank AG, Singapore Branch Bank 2021-08 2022-09-22 N.A
SGX FX Markets Pte. Ltd. E-trading platform 2021-11 2021-11-08 N.A
Convex Strategies Pte Ltd Asset manager 2022-07 2022-07-21 N.A
Skandinaviska Enskilda Banken AB Bank 2022-09 2022-03-24 N.A
State Street Bank & Trust Company Bank 2022-09 2022-07-01 N.A