S&P Dow Jones Indices Completes Its Annual Review of Adherence with IOSCO Principles for Financial Benchmarks (2024)

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S&P Dow Jones Indices (S&P DJI), the world's leading index provider, has completed its eleventh annual review of adherence to the IOSCO Principles for Financial Benchmarks. The 2024 review, conducted by an independent global accounting firm, covered key aspects of S&P DJI's index governance regime, control framework, and operations. It focused on the separation of index governance and commercial activities, as well as the management and oversight of policies and procedures.

CEO Dan Draper emphasized the importance of this annual review in maintaining a robust control framework that protects the independence of S&P DJI's index governance process and market-leading benchmarks. The company's Management Statement of Adherence and the independent review results are available on S&P DJI's Governance website.

Positive

• Completed eleventh annual review of adherence to IOSCO Principles
• Review conducted by independent global accounting firm
• Demonstrates commitment to maintaining robust control framework
• Protects independence of index governance process

Negative

• None.

NEW YORK, Aug. 9, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, announced today that it has completed its eleventh 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.

The 2024 review was conducted by an independent global accounting and professional services firm and, as with all previous reviews, covers key aspects of S&P DJI's index governance regime, control framework and operations including the separation of index governance and commercial activities, and the management and oversight of its policies and procedures.

"S&P Dow Jones Indices is pleased to facilitate and complete this review each year as it is an integral part of the way we conduct business and maintain a robust control framework that protects the independence of our index governance process and market-leading benchmarks. As a global organization and home to iconic brands such as the S&P 500 Index, we hold ourselves to the highest standards of trust, integrity, and accountability as we continue to offer innovative benchmarking solutions to our customers," said Dan Draper, CEO of S&P Dow Jones Indices.

S&P DJI's Management Statement of Adherence of the IOSCO Principles as well as the results of the independent review from an independent global accounting and professional services firm can be accessed via the company's Governance website.

ABOUT 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^®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji.

FOR MORE INFORMATION:
spdji.comms@spglobal.com

MEDIA CONTACTS:
April Kabahar
Global Head of Communications
april.kabahar@spglobal.com
+1 212 438 7530

Asti Michou
EMEA Communications
asti.michou@spglobal.com
+ 44 7970 887 863

 

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SOURCE S&P Dow Jones Indices

FAQ

What did S&P Dow Jones Indices (SPGI) announce on August 9, 2024?

S&P Dow Jones Indices announced the completion of its eleventh annual review of adherence to the IOSCO Principles for Financial Benchmarks on August 9, 2024.

Who conducted the 2024 review of S&P Dow Jones Indices (SPGI)?

The 2024 review was conducted by an independent global accounting and professional services firm.

What aspects of S&P Dow Jones Indices (SPGI) were covered in the 2024 review?

The review covered key aspects of S&P DJI's index governance regime, control framework, operations, separation of index governance and commercial activities, and management and oversight of policies and procedures.

Where can the results of S&P Dow Jones Indices' (SPGI) 2024 IOSCO Principles review be accessed?

The Management Statement of Adherence and the independent review results can be accessed via S&P Dow Jones Indices' Governance website.