Ernst & Young affirms MOEX meets IOSCO benchmark principles

Moscow Exchange announced that it has successfully undergone an annual assurance review of compliance of the MOEX indices with the IOSCO Principles for Financial Benchmarks.

Ernst & Young that had been engaged to complete the review affirmed that index management at Moscow Exchange met 19 IOSCO’s principles, and provided reasonable assurance that the processes and indicators administered by the Exchange were suitable.

The review for 2016 covered the following benchmarks:

  • MOEX USD/RUB FX FIXING and other MOEX FX fixings;
  • The family of the RTS and MICEX equity indices;
  • Government and corporate bond indices;
  • Pension indices;
  • Repo market and swap indicators.

The auditor confirmed that the MOEX’s index administration process is transparent, the data collection, production and publication are of good quality and internal control procedures with regard to financial benchmarks are in place.

Related News


Ernst & Young affirms MOEX meets IOSCO benchmark principles


Send this to a friend

Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: