Benchmark governance
Governance
Governance documentation for Akros index administration, including oversight, methodology controls, benchmark policies, and public adherence materials.
Operating model
Oversight and control structure
Governance is treated as an operating control environment for benchmark administration, not a static policy shelf.
Executive oversight
Senior management sets governance direction and keeps index administration aligned with regulatory expectations and operating standards.
Risk and compliance
Dedicated review processes monitor operational risk, methodology controls, benchmark integrity, and change management.
Index Committee governance
The Index Committee is the primary review body for methodology decisions, supported by documented escalation, review, and approval procedures.
Adherence
IOSCO benchmark principles
Akros adheres to the IOSCO Principles for Financial Benchmarks, the global standard for benchmark administration. The Statement of Adherence is available as a public governance document.
Documentation
Methodology documents
Detailed documentation of index construction, calculation, maintenance, classification, and options-based product methods.
Policies
Policy register
Public governance policies supporting consistent, transparent, and accountable benchmark operations.
Conflicts of Interest Policy
Guidelines for identifying and managing potential conflicts.
Complaints Handling Policy
Procedures for addressing stakeholder concerns and complaints.
Confidentiality Policy
Standards for protecting sensitive information.
Consultation Policy
Framework for stakeholder consultation processes.
Decommissioning Policy
Procedures for index discontinuation and transition.
Exercise of Expert Judgement
Guidelines for applying discretion in index decisions.
Internal Audit Policy
Framework for internal review and compliance verification.
Outsourcing Policy
Standards for third-party service engagement.
Policy for Methodology Change
Procedures for implementing methodology modifications.
Policy of Tradability
Standards ensuring index constituent tradability.
Recalculation Policy
Guidelines for index value corrections and adjustments.
Retention Policy
Standards for record keeping and data retention.
Terms of Reference
Governance structure and committee responsibilities.
Whistleblowing Policy
Procedures for reporting concerns and protections.