NIPS Code: Difference between revisions
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imported>Doug Williamson (Expand. Source: NIPS Code 2011, Bank of England webpage http://www.bankofengland.co.uk/markets/Documents/forex/fxjsc/nipscode1111.pdf) |
imported>Doug Williamson (Add link.) |
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''UK'' | ''UK''. | ||
The Non-Investment Products Code | The former Non-Investment Products Code. | ||
The NIPS Code | The NIPS code has now been superseded.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; | *Sterling wholesale deposits; | ||
*Foreign currency wholesale deposits; | *Foreign currency wholesale deposits; | ||
| Line 12: | Line 19: | ||
== See also== | == See also== | ||
* [[Bullion]] | |||
* [[Code of practice]] | * [[Code of practice]] | ||
* [[Controls]] | |||
* [[Foreign exchange]] | * [[Foreign exchange]] | ||
* [[Forward]] | * [[Forward contract]] | ||
* [[Forward market]] | |||
* [[Forward rate agreement]] | |||
* [[FX Global Code]] | |||
* [[Mandate]] | |||
* [[Non-investment product]] | * [[Non-investment product]] | ||
* [[Spot]] | * [[Spot]] | ||
* [[Standard]] | |||
* [[UK Money Markets Code]] | |||
* [[Wholesale]] | * [[Wholesale]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
Latest revision as of 07:13, 15 September 2022
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The NIPS code has now been superseded.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.
