Adherence

Confirming adherence to FMSB Standards through Statements of Commitment

FMSB Standards set out Core Principles and accompanying guidance on the most important aspects of practice where ambiguity risks undermine fair and effective markets.

Full, Associate, and Corporate Members commit to conduct their FICC market activities in a manner consistent with the Core Principles contained in FMSB Standards, and to have internal policies, procedures and controls reasonably designed to give effect to those Core Principles where they are applicable. They evidence this through an annual Statement of Commitment.

Information about FMSB membership is available on the Who we are page.

This Statement of Commitment applies to all Standards published by FMSB in final form prior to 31 December of the previous year and reaffirms any previous Statements of Commitment made by the FMSB member where appropriate.

See the FMSB Standards section for further information.

The language for the Statement of Commitment for FMSB Standards published up to and including 31 December 2019 is set out below, together with a table showing the status of adherence up to and including 31 December 2018.

1 January to 31 December 2019      Language for Statement of Commitment 2019

1 January to 31 December 2018      FMSB: 2018 Adherence Status