Bloomberg Confirms Alignment of Key Indices with the International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks

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Nov 06, 2015, 02:17 ET

NEW YORK, Nov. 6, 2015 /PRNewswire/ -- Bloomberg announced today that it has successfully completed an independent assessment of its alignment with the International Organization of Securities Commissions Principles for Financial Benchmarks (IOSCO Principles) with respect to the key benchmarks administered by Bloomberg Indices: the Bloomberg Commodity Index, the UBS Bloomberg CMCI, the Bloomberg AusBond Index, the Global Fixed Income indices and the Bloomberg Dollar Spot Index. EY conducted the assessment.

"Bloomberg is committed to using best practices when publishing its indices and the IOSCO Principles represent a fair and practical standard for these goals," said Steve Berkley, Head of Bloomberg's Index business. "The independent confirmation highlights Bloomberg's robust index capabilities, and provides confidence to market participants regarding the reliability, transparency and openness of our index decisions."

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SOURCE Bloomberg