FMSB Global Markets Adherence Statement
BNP Paribas Global Markets (the ‘Institution’) acknowledges that the Standards published by the Financial Markets Standards Board (whose name changed from FICC Markets Standards Board on 29 April 2022) (‘FMSB’) represent generally recognised good practice in the wholesale financial markets. The Institution confirms that it is committed to conduct its wholesale financial market activities (its ‘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 to its Activities, in a manner that is commensurate with the nature of its Activities in the relevant entity or jurisdiction.
This Statement of Commitment applies to all Standards published by FMSB in final form prior to 31 December 2023 and reaffirms any previous Statements of Commitment made by the Institution where appropriate.
The Institution determines that this Statement of Commitment and its reaffirmation applies to the following Standards: