ACI - Influencing Industry Behaviour, Supporting Market Practice
ACI Financial Markets Association (ACI) is a leading global trade association representing the interests of the professional financial markets community. Established in 1955, ACI is focused is on enhancing best market practice and supporting market participants to adhere to principles of ethical conduct.
The ACI Model Code, launched originally in the 1970s, is acknowledged as the first industry-wide Code of Conduct for OTC/FX markets. Updated subsequently to embrace the broader OTC community - and expanded from the dealing floor through to back office operations - the ACI Model Code has strongly influenced many national Codes of Conduct in use today.
As a condition of membership, all ACI members are required to accept the principles of behaviour and market practice contained in the ACI Model Code, the BIS Global Code of Conduct and other market-applicable Codes of Conduct.
ACI’s suite of education, certification and attestation products and services, its committees and industry working groups and its global network of National Associations provide a comprehensive framework for education, support and advice for individuals and organisations operating in today’s financial markets.
ACI’s Internal rules and guidelines “Statutes” - approved and ratified at ACI Council Meeting on March 14th 2013 – put forward the common features and sets of rules agreed with regards to its purpose and principles, membership, National Associations, Management Board, Governing Laws and Jurisdiction.” At the ACI Council Meeting on April 28th 2016, Council voted to review the Statutes. A revision will follow shortly, reflecting changes arising from the new Global Code of Conduct published in May 2017.
- Established: 1955
- Chairman of the Management Board:
- International Members: 9,000
- National Associations: 63
- Education programmes under the guidance of Board of Education, include the ACI FX Global Code Certificate, Dealing Certificate, Operations Certificate and ACI Diploma.
- Industry best practice work on ethical conduct is governed by the ACI Committee for Professionalism.