Good practice

Commercial or professional procedures that are accepted as being appropriate or effective.

Good practice principles are often documented in formal codes of practice.

Examples include the FX Global Code, setting out good practice principles for foreign exchange market participants, and the UK Corporate Governance Code (for larger UK companies).

See also

• Advisory
• Best practice
• Boilerplate
• Cash flow statement
• Code
• Code of practice
• Competence
• Compliance
• Contract
• Corporate finance transaction
• Directive
• Disapplication
• Enforcement
• Ethics
• Financial Markets Standards Board
• Foreign Exchange Committee
• Framework
• FX Global Code
• Global Code
• Governance
• Guidance
• Investment management
• Joint Money Laundering Steering Group
• Jurisdiction
• Law
• Legislation
• Model
• Non-pre-emptive issue
• Oversight
• Payments Market Practice Group
• Practice
• Practitioner
• Pre-Emption Group
• Principle
• Principles based
• Red tape
• Regime
• Regulation
• Report
• Reporting
• Reputational risk
• Request for proposal
• Rule of law
• Rules
• Rules based
• Spreadsheet Standards
• Standards
• Statement of commitment
• Statement of Good Practice
• Statement of Principles
• Supervision
• Supervision Committee of the FRC
• Tax
• Truncation
• UK Corporate Governance Code
• UK Money Markets Code
• Uniform Customs and Practice for Documentary Credits