Global forex body president visits Sri Lanka
View(s):The Sri Lanka Forex Association (SLFA) this week played host (December 7-9) to an important personality in their business – Manfred Weibogen, President of ACI.
Mr Weibogen is the first President of ACI to visit Sri Lanka and the visit showcases Sri Lanka’s growing prominence in the global arena as a result of the significant contribution made by the SLFA in terms of ACI education and market development, the SLFA said in a statement.
The visit coincides with the 30th anniversary celebrations of the SLFA, the local branch of ACI, the leading financial market body for foreign exchange and money market personal since 1982.
In Sri Lanka, Mr Weibogen presented the new ACI Model Code to the officials of the Central Bank of Sri Lanka and market participants. Sri Lanka formally adopted the Model Code in 2006, this along with the ACI suite of exams now form an integral part of current regulations that govern market practice and ethics.
ACI was founded in Paris in 1955 as the Association Cambiste Internationale and is headquartered in Paris, France. It’s an umbrella organissation for a large number of national associations of foreign exchange dealers and other staff in regulated financial institutions.
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