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Platts shifts focus away from price reporting code

Price reporting agency says it intends to concentrate on complying with Iosco rules, leaving future of IPRO code in doubt

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IPRO code: scrapped?

Work towards an industry code of conduct for price reporting agencies (PRAs) is being de-emphasised by New York-based Platts, according to Dan Tanz, London-based vice-president of editorial at the company.

Tanz’s remarks came during an update on the long-awaited independent price reporting organisations’ (IPRO) code at International Petroleum Week in London on February 17.

Platts has been working

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