UK Money Markets Code
UK markets - best practice
The UK Money Markets Code is voluntary.
It sets out the standards and best practice expected from participants in the UK's deposit, repo and securities lending markets.
The UK Money Markets Code superseded previous guidance for participants in these markets provided by the NIPs Code, the Gilt Repo Code and the Securities Borrowing and Lending Code.
The UK Money Markets Code is endorsed by the Bank of England's Money Markets Committee (MMC), comprised of market participants from a wide range of banks, other financial and non-financial institutions.