From December 5 to December 6, 2024, the Global Foreign Exchange Committee (GFXC) held its second meeting of 2024 online. The meeting discussed the implementation of global guidelines, the three-year review of the second round of global guidelines, the operation of the Forex market, and related market hot topics. Representatives from the China Forex Market Guidance Committee (CFXC) attended the meeting. This meeting discussed the final outcomes of the three-year review of the second round of global guidelines. The Forex Settlement Risk Working Group and the Forex Data Working Group introduced the final revision proposals regarding relevant articles of the global guidelines, as well as how the working groups continuously improved based on feedback gathered from Forex market committees around the world and the public consultation conducted in October 2024. The revisions to the global guidelines aim to strengthen principles related to Forex settlement risk management and enhance the transparency of specific types of Forex trading and the use of client-generated data on electronic trading platforms, which received strong support from GFXC members.