The UK Money Markets Code was one of the first industry codes to be recognised by the Financial Conduct Authority (FCA). It sets out the standards and best practice expected from participants in the deposit, repo and securities lending markets in the UK. The Code is endorsed by the Money Markets Committee (MMC), comprised of market participants from a wide range of banks, other financial and non-financial institutions, and chaired by representatives of the Bank of England (BoE). This module outlines the contents of the Code and who it applies to.