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Statement of Commitment to the UK's Money Market Code

The CTB Plc (the Bank) hereby acknowledges that the UK Money Markets Code (‘the Code’) represents a set of principles generally recognised as good market practice in the UK Money Markets. The CTB Plc confirms that it is a UK Market Participant as defined by the Code and has committed to conducting its UK Money Market activities in adherence with the principles of the Code.

Specifically, in a manner that is commensurate with the size and nature of its UK Money Market activities, the CTB Plc has established and implemented policies and procedures that accord with the Code (in so far as the content does not conflict with applicable law).

Appropriately senior management will review these regularly to ensure their continued relevance and effectiveness.

Date: 8th April 2019
The CTB Plc

Nazir Hussain
Head of Treasury