NEW YORK, August 9, 2024: S&P Dow Jones Indices (“S&P DJI”), the world’s leading index provider, announced today that it has completed its eleventh annual review of its adherence to the International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks. The IOSCO Principles for Financial Benchmarks were published in July of 2013.
The 2024 review was conducted by an independent global accounting and professional services firm and, as with all previous reviews, covers key aspects of S&P DJI’s index governance regime, control framework and operations including the separation of index governance and commercial activities, and the management and oversight of its policies and procedures.
“S&P Dow Jones Indices is pleased to facilitate and complete this review each year as it is an integral part of the way we conduct business and maintain a robust control framework that protects the independence of our index governance process and market-leading benchmarks. As a global organization and home to iconic brands such as the S&P 500 Index, we hold ourselves to the highest standards of trust, integrity, and accountability as we continue to offer innovative benchmarking solutions to our customers,” said Dan Draper, CEO of S&P Dow Jones Indices.
S&P DJI’s Management Statement of Adherence of the IOSCO Principles as well as the results of the independent review from an independent global accounting and professional services firm can be accessed via the company’s Governance website.