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Code of conduct for Index Providers

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....fairness in the conduct of its business. 2. An Index Provider shall fulfil its obligations in a prompt, ethical and professional manner. 3. An Index Provider shall at all times exercise due diligence, ensure proper care and exercise independent professional judgement in order to achieve and maintain objectivity and independence in the Index or Benchmark determination process. 4. An Index ....

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Full Text of the Document

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....and interests, which could impair its ability to make a fair, objective and unbiased determination of Indices or Benchmarks. Further it shall ensure that no conflict of interest exists between any member of its oversight committee and that of its client. 9. An Index Provider shall not make any untrue statement, suppress any material fact or make any misrepresentation in any document, report, pa....

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Full Text of the Document

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....nistration related decisions or changes. 13. An Index Provider shall provide adequate freedom and powers to its compliance officer for the effective discharge of his duties. 14. An Index Provider shall ensure that good corporate policies and corporate governance are in place. 15. An Index Provider shall not, generally and particularly in respect of administration of Index or Benchmark, be....