Global Correspondence

GFMA Submits Comments to IOSCO on IOSCO's Principles for Financial Benchmarks Consultation Report

GFMA provides comments to the International Organization of Securities Commissions (IOSCO) on IOSCO’s Principles for Financial Benchmarks Consultation Report.  While GFMA considers that benchmark innovation, production and distribution should remain industry-driven activities, it believes that an internationally-agreed set of best practice standards is critical to promoting both investor confidence and the integrity of global financial markets.

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