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Fixed Income, Currency and Commodity Markets Standards Board (FMSB) Adherence Statement

October 2020

J.P. Morgan Securities PLC relating to activity in Europe, acting through the groups set forth below as a dealer or counterparty, on a principal basis (the “Institution”) acknowledges that the Standards published by the FICC Markets Standards Board (“FMSB”) represent generally recognised good practice in the wholesale Fixed Income, Commodity and Currency (“FICC”) markets.

The Institution confirms that it is committed to conduct its FICC 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 the FMSB in final form between 1 January 2019 and 31 December 2019 and reaffirms any previous FMSB Statements of Commitment made by the Institution.

Corporate & Investment Bank
Treasury & Chief Investment Office

For the Standards published please see http://fmsb.com.