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27 JAN 2022

Goldman Sachs International - FMSB Disclosure

Goldman Sachs International - FMSB Statement of Commitment

Goldman Sachs International (the ‘Institution’) acknowledges that the Standards published by the FICC Markets Standards Board (FMSB) represent generally recognised good practice in the wholesale Fixed Income, Currencies and Commodities (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 FMSB in final form prior to 31 December 2020 and reaffirms any previous Statements of Commitment made by the Institution where appropriate. This Statement of Commitment also provides the option for the Institution to adhere to certain Standards finalised in 2021.

The Institution determines that this Statement of Commitment and its reaffirmation applies to the following Standards:

28 JAN 2019 - Secondary Market Trading Error Compensation Standard

03 JUL 2018 - Risk Management Transactions for New Issuance Standard

02 MAY 2017 - New Issue Process standard for the Fixed Income markets

21 NOV 2016 - Binary Options standard for the Commodities markets

21 NOV 2016 - Reference Price Transactions standard of the Fixed Income markets


In addition, the Institution elects that this Statement of Commitment will also apply to the following Standards published by FMSB in final form prior to 31 July 2021:

07 MAY 2021 - Standard for the execution of Large Trades in FICC markets

28 JUL 2021 - Standard on use of Term SONIA reference rates