Wednesday 17 July 2013

IOSCO publishes Principles for Financial Benchmarks

The International Organization of Securities Commissions has today published its final report Principles for Financial Benchmarks, following a consultation earlier this year: see here (pdf). The principles fall into three broad categories - governance, quality and accountability - and their purpose is not supersede existing laws, regulations or supervisory frameworks but to provide guidance for administrators, submitters and regulators.

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