Regulatory body has called for a second review of progress in mid-2015
The International Organisation of Securities Commissions
(IOSCO) has said more work is needed for the
world’s three main interest rates benchmarks.
The global agency said while major reforms have been made in
implementing the IOSCO principles of governance, oversight,
accountability and transparency, administrators of the
benchmarks still have some way to go with changes to
methodology and design.
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