REP 440 Financial benchmarks
Released 8 July 2015.
This report addresses the potential manipulation of financial benchmarks and related conduct issues.
It provides an overview of the importance of financial benchmarks and the need for financial benchmarks to be robust and reliable, and touches on investigations ASIC is undertaking into the occurrence of financial benchmark-related conduct issues.
It also addresses the international and Australian regulatory reforms and other responses to concerns about financial benchmarks, and sets out the measures we encourage financial institutions and benchmark administrators to adopt to avoid conduct issues in the future.