As the world’s only technology-led benchmark administrator, we set the bar high when it comes to bringing reliable, robust and transparent commodity price indexes to the market.
A big part of delivering a transparent methodology is being compliant with regulatory bodies and auditors. Not only are we FCA regulated, we are now very proud to announce that all of our benchmarks have been successfully audited against the International Organization of Securities Commissions (IOSCO) principles.
IOSCO is the international body that is recognised as the global standard setter for securities regulation. Its members have resolved to develop, implement and promote adherence to internationally recognised and consistent standards of regulation, and to maintain fair, efficient and transparent markets.
What does this mean for General Index clients?
It means peace of mind and absolute clarity when utilising our assessments for everyday processes. Through our coded approach and expert industry knowledge, we strive to disrupt an industry that, for too long, has been reliant on prices derived from outdated methodologies and complicated, unreliable and commercially unfair data “bundles”.
To view our IOSCO audit report in full, click here.
For more information on IOSCO and their regulatory principles, visit their website.