ASIC reveals plans for benchmarks
The Australian Securities and Investments Commission (ASIC) has laid out the foundations for its licensing of new index benchmarks, with five already in line to be classified as “significant”.
The benchmark indices discussed in the report are key benchmarks in many derivative trades and products.
ASIC laid out its vision for Australian benchmark indices in a 25 page consultation paper released on Monday.
“It is critical to market confidence
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