Index cessation policies require advance notice and transition measures to protect subscribers and ensure benchmark continuity. An Index Provider must formulate policies to address cessation of an Index, provide reasonable advance notice to subscribers, and, where reasonably practical and if required by a subscriber, maintain the Index for a reasonable period and, if feasible, provide an alternative Index. Subscribers registered with the Board tracking Significant Indices who will not seek registration or will cease publication must shift to a benchmark offered by a registered Index Provider or cease tracking and take consequential steps within three months of notice.
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 cessation policies require advance notice and transition measures to protect subscribers and ensure benchmark continuity.
An Index Provider must formulate policies to address cessation of an Index, provide reasonable advance notice to subscribers, and, where reasonably practical and if required by a subscriber, maintain the Index for a reasonable period and, if feasible, provide an alternative Index. Subscribers registered with the Board tracking Significant Indices who will not seek registration or will cease publication must shift to a benchmark offered by a registered Index Provider or cease tracking and take consequential steps within three months of notice.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
