The Bank of Uganda has published a statement of commitment to the FX Global Code, confirming that it acts as a market participant under the Code and will conduct its wholesale foreign exchange market activities in a manner consistent with the Code’s principles. The central bank notes that it has reviewed the Code and recognises it as a set of principles generally accepted as good practice in the wholesale FX market. It also states that, taking account of the size and complexity of its activities and the nature of its engagement in the FX market, it has taken appropriate steps to align its activities with the Code’s principles.
Bank of Uganda 2025-10-02
Bank of Uganda issues statement of commitment to conduct its wholesale FX activities in line with the FX Global Code
The Bank of Uganda has committed to the FX Global Code, affirming its role as a market participant and adherence to the Code's principles in its wholesale foreign exchange activities. The central bank acknowledges the Code as a benchmark for good practice and has aligned its operations accordingly, considering the scale and complexity of its market engagement.