Index quality requires providers to ensure representative methodology, publish data guidelines, due diligence, and disclosure of constituent changes. Regulation 18 requires Index Providers to design indices that represent the underlying interest and avoid distortion, calculate indices using sufficient and consistent data inputs to ensure quality, integrity and continuity, and publish Methodology documents and public guidelines on data inputs, Expert Judgement, and timing of announcements for constituent changes. Providers must perform due diligence on Data Submitters and, except for indices based on regulated market transaction data, publish a Code of Conduct for Data Submitters covering quality, oversight, conflict management, record-keeping and whistleblowing.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Index quality requires providers to ensure representative methodology, publish data guidelines, due diligence, and disclosure of constituent changes.
Regulation 18 requires Index Providers to design indices that represent the underlying interest and avoid distortion, calculate indices using sufficient and consistent data inputs to ensure quality, integrity and continuity, and publish Methodology documents and public guidelines on data inputs, Expert Judgement, and timing of announcements for constituent changes. Providers must perform due diligence on Data Submitters and, except for indices based on regulated market transaction data, publish a Code of Conduct for Data Submitters covering quality, oversight, conflict management, record-keeping and whistleblowing.
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