Iosco

Argus completes 11th benchmark review

Retrieved on: 
Friday, October 7, 2022

LONDON, Oct. 7, 2022 /PRNewswire/ -- Leading global energy and commodity price reporting agency Argus has successfully completed the 11th external assurance review of its energy and commodity benchmarks and other key prices.

Key Points: 
  • LONDON, Oct. 7, 2022 /PRNewswire/ -- Leading global energy and commodity price reporting agency Argus has successfully completed the 11th external assurance review of its energy and commodity benchmarks and other key prices.
  • The prices reviewed included those published by Argus Media and those administered by Argus Benchmark Administration (ABA).
  • Argus became the first PRA to complete an independent review of oil benchmarks, in October 2013, and was the first to extend the Iosco PRA Principles to non-oil energy benchmarks, in January 2014.
  • Argus' policies and procedures, together with the full assurance review, and its price assessment methodologies are available online .

Argus completes tenth benchmark review

Retrieved on: 
Thursday, October 7, 2021

LONDON, Oct. 7, 2021 /PRNewswire/ -- Leading global energy and commodity price reporting agency Argus has successfully completed the tenth external assurance review of its energy and commodity benchmarks and other key prices.

Key Points: 
  • LONDON, Oct. 7, 2021 /PRNewswire/ -- Leading global energy and commodity price reporting agency Argus has successfully completed the tenth external assurance review of its energy and commodity benchmarks and other key prices.
  • The prices reviewed included those published by Argus Media and those administered by Argus Benchmark Administration (ABA).
  • Argus became the first PRA to complete an independent review of oil benchmarks, in October 2013, and was the first to extend the Iosco PRA Principles to non-oil energy benchmarks, in January 2014.
  • Argus' description of its policies and procedures, together with the full assurance review, are publicly available , and Argus' price assessment methodologies are also online .

Fastmarkets successfully completes IOSCO assurance review for its NBSK CIF China price

Retrieved on: 
Friday, June 18, 2021

LONDON, June 18, 2021 /PRNewswire/ --Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announcethe successful completion of an external assurance review of its NBSK CIF China assessment.

Key Points: 
  • LONDON, June 18, 2021 /PRNewswire/ --Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announcethe successful completion of an external assurance review of its NBSK CIF China assessment.
  • This milestoneconfirmsits alignment to the standards defined by the International Organization of Securities Commission (IOSCO) within the Principles for Oil Price Reporting Agencies.
  • "Fastmarketsis delighted toaddthe NBSK CIF China assessment to the list of our prices thathave successfully completed an assurance review,"said Fastmarkets CEO Raju Daswani.
  • Fastmarkets is the industry-leading Price Reporting Agency (PRA) for global commodities, providing price data, news, analytics, and events for the metals and mining, forest products, and agriculture markets.

OPIS by IHS Markit Successfully Completes BMR and IOSCO Assurance Reviews for Gas, NGLs, Petrochemicals, Refined and Renewables Benchmarks

Retrieved on: 
Thursday, December 3, 2020

This year, IMBA brought its Fertilizers portfolio (Fertecon) benchmarkspart of the Agribusiness portfoliounder assurance review, demonstrating the companys commitment to the IOSCO Principles and market development.

Key Points: 
  • This year, IMBA brought its Fertilizers portfolio (Fertecon) benchmarkspart of the Agribusiness portfoliounder assurance review, demonstrating the companys commitment to the IOSCO Principles and market development.
  • The 2020 report includes the OPIS response to the IOSCO Principles , describing the policies, processes and control activities governing the assessment of in-scope commodity benchmarks.
  • IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates.
  • All other company and product names may be trademarks of their respective owners 2020 IHS Markit Ltd. All rights reserved.

ICIS meets IOSCO's PRA Principles for the eighth consecutive year

Retrieved on: 
Friday, October 16, 2020

The Price Reporting Agency (PRA) principles are set out by the International Organization of Securities Commissions (IOSCO) to ensure that commodity benchmark price reporting meets the highest standards.

Key Points: 
  • The Price Reporting Agency (PRA) principles are set out by the International Organization of Securities Commissions (IOSCO) to ensure that commodity benchmark price reporting meets the highest standards.
  • "I am delighted that ICIS has successfully completed the IOSCO Commodity PRA assurance review again, despite the extraordinary volatility in global markets this year.
  • The IOSCO principles support the ICIS purpose to connect data and customers to make some of the world's most important markets more trusted and predictable.
  • The eighth successful audit follows the recent news that ICIS was granted authorisation by the Netherlands Authority for Financial Markets (AFM) in accordance with the European Benchmarks Regulation (BMR).

ICIS meets IOSCO's PRA Principles for the eighth consecutive year

Retrieved on: 
Friday, October 16, 2020

The Price Reporting Agency (PRA) principles are set out by the International Organization of Securities Commissions (IOSCO) to ensure that commodity benchmark price reporting meets the highest standards.

Key Points: 
  • The Price Reporting Agency (PRA) principles are set out by the International Organization of Securities Commissions (IOSCO) to ensure that commodity benchmark price reporting meets the highest standards.
  • "I am delighted that ICIS has successfully completed the IOSCO Commodity PRA assurance review again, despite the extraordinary volatility in global markets this year.
  • The IOSCO principles support the ICIS purpose to connect data and customers to make some of the world's most important markets more trusted and predictable.
  • The eighth successful audit follows the recent news that ICIS was granted authorisation by the Netherlands Authority for Financial Markets (AFM) in accordance with the European Benchmarks Regulation (BMR).

World Financial Planning Day Is Tomorrow

Retrieved on: 
Tuesday, October 6, 2020

NEW YORK, Oct. 6, 2020 /PRNewswire/ -- Financial Planning Standards Board Ltd. (FPSB) and its global network of affiliate organizations will unite tomorrow, 7 October, for the fourth annual World Financial Planning Day to raise awareness of the value of financial planning.

Key Points: 
  • NEW YORK, Oct. 6, 2020 /PRNewswire/ -- Financial Planning Standards Board Ltd. (FPSB) and its global network of affiliate organizations will unite tomorrow, 7 October, for the fourth annual World Financial Planning Day to raise awareness of the value of financial planning.
  • For the fourth year, FPSB has partnered with the International Organization of Securities Commissions (IOSCO) to host World Financial Planning Day during World Investor Week , a global campaign designed to raise awareness about the importance of financial literacy and investor education.
  • "By recognizing financial planning as a global citizenship skill, World Financial Planning Day has the potential to help millions get on the right track and improve their futures."
  • To kick off World Financial Planning Day, FPSB will host a global live event for financial planning professionals on the Future of Financial Planning: Adapting to a New Normal , tomorrow at 14:00h UTC.

ECB publishes statement of compliance of €STR with IOSCO Principles for Financial Benchmarks

Retrieved on: 
Thursday, October 1, 2020

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    ECB publishes statement of compliance of STR with IOSCO Principles for Financial Benchmarks

    30 September 2020

    The European Central Bank (ECB) today published its statement of compliance with the Principles for Financial Benchmarks developed by the International Organization of Securities Commissions (IOSCO).

  • This statement shows how the ECB complies with these principles, and therefore with international best practice, in its administration of the STR.
  • The ECB has been the administrator of the euro short-term rate (STR) since it went live on 2 October 2019.
  • The statement of compliance with the IOSCO Principles for Financial Benchmarks provides an overview of how the ECB administers the STR, presents a self-assessment of its compliance with each IOSCO Principle, and describes the relevant frameworks and procedures.

ECB publishes statement of compliance of €STR with IOSCO Principles for Financial Benchmarks

Retrieved on: 
Wednesday, September 30, 2020

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    ECB publishes statement of compliance of STR with IOSCO Principles for Financial Benchmarks

    30 September 2020

    The European Central Bank (ECB) today published its statement of compliance with the Principles for Financial Benchmarks developed by the International Organization of Securities Commissions (IOSCO).

  • This statement shows how the ECB complies with these principles, and therefore with international best practice, in its administration of the STR.
  • The ECB has been the administrator of the euro short-term rate (STR) since it went live on 2 October 2019.
  • The statement of compliance with the IOSCO Principles for Financial Benchmarks provides an overview of how the ECB administers the STR, presents a self-assessment of its compliance with each IOSCO Principle, and describes the relevant frameworks and procedures.

S&P Dow Jones Indices Completes Its Annual Review of Adherence with IOSCO Principles for Financial Benchmarks

Retrieved on: 
Wednesday, August 5, 2020

NEW YORK, Aug. 5, 2020 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, announced today that it has completed its seventh annual review of its adherence to the International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks.

Key Points: 
  • NEW YORK, Aug. 5, 2020 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, announced today that it has completed its seventh annual review of its adherence to the International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks.
  • The IOSCO Principles for Financial Benchmarks were published in July of 2013.
  • This annual review is an important process to ensure that we continue to adopt best practices, avoid conflicts-of-interest, and manage our indices and business in line with IOSCO Principles," said Dan Draper, CEO of S&P Dow Jones Indices.
  • S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average.