Iosco softens index approach on final benchmark principles

fducoulombier01
Frederic Ducoulombier, Edhec

The International Organisation of Securities Commissions' (Iosco) final version of the Principles for Financial Benchmarks, published on July 17, comes after market participants submitted comments on the principles' draft, published in April. By then, the organisation had already set out two sets of principles: general ones that could be applied to all types of benchmarks; and a more specific set that would affect the interbank benchmarks, such as Libor or Euribor.

The paper has not won universa

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: