ICIS Meets IOSCO's PRA Principles for the Fifth Year in a Row
Summary
ICIS, the leading provider of global petrochemical market intelligence, today announced that the independent assurance review of its price reporting business has been successfully completed for the fifth year running. This represents ICIS commitment to undertaking both reasonable and limited assurance reviews on a cross section of its global benchmarks, including petrochemicals, fertilizers, LNG and European gas, as well as the NBP and TTF Day-ahead and weekend assessments. 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. With a global staff of more than 600, ICIS has employees based in London, Houston, New York, Singapore, Dubai, Shanghai, Guangzhou, Beijing, Mumbai, Tokyo, Karlsruhe, and Milan. Our strong global products and services hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day.