Benchmarks: The false promises of governance

Transparency key to informed decision-making and mitigating conflicts of interest.

In the context of the ongoing regulatory debate on financial benchmarks and the recent consultations by the International Organisation of Securities Commissions (IOSCO) and the European Securities and Markets Authority (ESMA)/European Banking Authority (EBA), EDHEC-Risk Institute wishes to underline that transparency is both crucial to allowing users to assess the risks, relevance and suitability of indices and the most powerful tool to mitigate conflicts of interests existing across the indexing industry ... READ MORE

Released by EDHEC-RISK Institute - 15 March 2013