The International Organization of Securities Commissions has published a consultation report titled Principles for Financial Benchmarks: see here (pdf). The report contains a set of high level principles falling into three broad categories - governance, quality and accountability - the purpose of which is to promote the reliability of benchmark determinations.
Friday, 19 April 2013
IOSCO consults on high level principles for financial benchmarks
The International Organization of Securities Commissions has published a consultation report titled Principles for Financial Benchmarks: see here (pdf). The report contains a set of high level principles falling into three broad categories - governance, quality and accountability - the purpose of which is to promote the reliability of benchmark determinations.
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