Audit Report

16 October 2019 – ICIS, a leading independent commodity intelligence provider, today announced that the independent assurance review of its price reporting business has been successfully completed for the seventh successive year.

The Price Reporting Agency (PRA) principles are set out by the International Organization of Securities Commissions (IOSCO) to ensure that commodity benchmark price reporting meets the highest standards.

“ICIS is committed to maintaining the highest standards in the quality and independence of our market intelligence. I am delighted that ICIS has again successfully completed the IOSCO Commodity PRA assurance review, to assist markets in being fair, efficient and transparent” said Dean Curtis, President & CEO of ICIS.

“The IOSCO assurance review underlines our commitment to being a credible and impartial partner for our customers, empowering them to make thousands of crucial decisions every week based on our intelligence, decisions that shape our world,” Curtis said.

The areas assured by PricewaterhouseCoopers (PwC) include governance structures, controls, maintenance of Editorial integrity, and conflict management processes in relation to the creation of commodity benchmark price assessments.

A full report detailing how ICIS has met and satisfied the IOSCO PRA Principles can be found here.

This report is accompanied by PwC’s findings following an independent review of ICIS processes and policies to provide Reasonable and Limited Assurance conclusions.

To Access the report click below:

Click here for the ICIS Audit Report 2019

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