S&P Dow Jones Indices Completes Its Annual Review of Adherence with IOSCO Principles for Financial Benchmarks (2022)
S&P Dow Jones Indices has successfully completed its ninth annual review of adherence to the IOSCO Principles for Financial Benchmarks. Conducted by an independent accounting firm, the review assesses essential aspects of index governance and operational frameworks to ensure independence and transparency. CEO Dan Draper emphasized the importance of this process for maintaining integrity in their market-leading indices. The management statement and independent review results are available on their governance website, solidifying S&P DJI's commitment to best practices in the industry.
- Successfully completed ninth annual review for IOSCO Principles.
- Strengthened commitment to independence, transparency, and integrity in indices.
- Review conducted by independent global accounting firm, enhancing credibility.
- None.
NEW YORK, Aug. 30, 2022 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, announced today that it has completed its ninth 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 2022 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.
"This annual review process is a crucial step for S&P Dow Jones Indices to continue to uphold the independence, transparency and integrity of our market-leading indices. We are committed to adopting best practices, avoiding conflicts-of-interest, and managing our business in line with IOSCO Principles as we continue to innovate and expand our indexing capabilities," 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
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