Moneytech Limited ('Moneytech') is committed to open and transparent relationships with all stakeholders. Good Corporate governance is an essential element of these relationships.

The Moneytech Board and Senior Management respond with flexibility and react responsibly to the changes in terms and conditions that impact the finance industry and its services, with the key focus on the needs of its members and users.

The guiding principle of governance at Moneytech is that the Board and Management of the company transact with each other, Moneytech members and the users of Moneytech services in an open, transparent and accountable manner.

In order to achieve open, transparent and effective management, governance documents cannot remain static. The Board and Senior Management of Moneytech constantly review and improve the governance and principles of Moneytech, and therefore this document is a moving and evolving document. By regular updating, Moneytech will identify within its own organisation and to its members and users, shifts in practices and finance regulations affecting the way Moneytech operates in its industry and user communities.

The document is a guide to define and specify the respective roles of the individual Directors, the Board as a whole, and the company officers and Senior Executives in relation to the Board and the Moneytech members. Moneytech will ensure that each person has read and understands the content of this document, as will any new Directors or any new executive employee prior to their appointment to Moneytech.

Changes to the Corporate Governance Statement and the policies contained in it can only be made with the Board's approval.