As the world’s premier data-led benchmark administrator, we set the bar high when it comes to bringing consistent, compliant and customer-centric energy price indexes to the market.
A big part of delivering a transparent methodology is being compliant with regulatory bodies and auditors. Not only are we FCA regulated, we are once again very proud to announce that for 2024, our methodological approach, as applied to 3,694 of our global oil and energy transition indices have been successfully audited against the International Organization of Securities Commissions (IOSCO) principles.
IOSCO is the international body that is recognized as the global standard setter for securities regulation. Its members have resolved to develop, implement and promote adherence to internationally recognized and consistent standards of regulation, and to maintain fair, efficient and transparent markets.
What does this mean for General Index clients?
It means peace of mind and absolute clarity when utilizing our assessments for everyday processes. Through our coded approach and expert industry knowledge, we strive to disrupt an industry that, for too long, has been reliant on prices derived from outdated methodologies and complicated, unreliable and commercially unfair data “bundles”.
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