Lit and NIPS Code: Difference between pages
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imported>Doug Williamson (Create the page. Source: EC Euoropa Glossary http://ec.europa.eu/internal_market/securities/docs/glossary_en.pdf) |
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''UK'' | |||
The former Non-Investment Products Code. | |||
The NIPS code has now been superseded. | |||
The successor codes are the FX Global Code and the UK Money Markets Code. | |||
The former NIPS code covered standards, [[controls]] and dealing [[mandate]]s in the UK's wholesale financial markets. | |||
[[ | Its scope included wholesale markets in: | ||
[[ | *Sterling wholesale deposits; | ||
[[Category: | *Foreign currency wholesale deposits; | ||
*Gold and silver bullion wholesale deposits; | |||
*Spot and forward foreign exchange; and | |||
*Spot and forward gold and silver bullion. | |||
== See also== | |||
* [[Code of practice]] | |||
* [[Foreign exchange]] | |||
* [[Forward]] | |||
* [[FX Global Code]] | |||
* [[Non-investment product]] | |||
* [[UK Securities Lending, Repo and Money Markets Code]] | |||
* [[Spot]] | |||
* [[Wholesale]] | |||
[[Category:Compliance_and_audit]] | |||
Revision as of 05:24, 13 June 2017
UK
The former Non-Investment Products Code.
The NIPS code has now been superseded.
The successor codes are the FX Global Code and the UK Money Markets Code.
The former NIPS code covered standards, controls and dealing mandates in the UK's wholesale financial markets.
Its scope included wholesale markets in:
- Sterling wholesale deposits;
- Foreign currency wholesale deposits;
- Gold and silver bullion wholesale deposits;
- Spot and forward foreign exchange; and
- Spot and forward gold and silver bullion.
