Bovill helps Mysteel become first Chinese commodity business to receive IOSCO assurance for Financial Benchmarks

29 January 2019

IOSCO compliance

We’re proud to have worked with Mysteel to develop their IOSCO compliance framework. This new development makes Mysteel the first Chinese commodity business to receive IOSCO assurance for its iron ore indices.

Damon Batten, managing consultant at global financial services regulatory consultancy Bovill, said:

“Bovill is proud to play a role in opening up new markets. We are pleased to have worked with a firm as innovative and well-regarded as Mysteel in helping them become the first Chinese commodity business to have their iron ore indices receive IOSCO assurance.

“Our team of specialists in London and Hong Kong worked closely with Mysteel to help build the IOSCO compliance framework for their indices from the ground up. This international-standard assurance certified by Deloitte pays testament to the hard work of our team and the quality of Mysteel’s offer. We will continue to work with innovative firms in the benchmarks space as they get to grips with the shifting challenges of global regulation.”

Read the Mysteel press release for more information.

January 24, 2019 Mysteel

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