As the industry association of the treasury market participants, one of the major work of the TMA is to promulgate codes and standards that are widely accepted by the market participants and are in line with international practices to facilitate the smooth functioning of the treasury markets. The TMA will review and develop codes and standards for the industry in the light of the development in the local, Mainland and overseas markets.

Terms of Reference

1. To identify, develop and update codes and standards for the treasury markets in line with international practices as far as applicable;
2. In conjunction with other Committees of the TMA and industry bodies, to promote market acceptance of such codes and standards; and
3. To advise, where appropriate and without prejudice, on the interpretation of and compliance with established codes and standards for treasury markets participants.