Following the recent discovery of fraudulent manipulation of benchmark interest rates, Regulation (EU) 2016/2011 is intended to ensure the integrity of benchmarks: Indices used within the EU single market to determine the values and cash flows of financial instruments and financial contracts or to measure the performance of financial investments should be robust, accurate and have integrity. The regulation that came into force in June 2016 therefore requires participants to adhere to a strict qualification and code of conduct.
We advise on the proper implementation of the Benchmark Regulation and contribute to creating reliability for all parties involved with quality assurance auditing services.
