The European regulation of benchmarks as well as stakeholder-demanded governance improvements mean that strong governance is a primary concern for our clients. We are committed to leading global best practice standards in index governance and have established a reputation for transparent, robust and rules-driven index construction.
Our governance framework
To ensure that FTSE Russell indexes are constructed, maintained and operated to the highest standards, FTSE Russell employs a robust governance framework to approve new indexes and changes to the methodologies of existing indexes. The framework combines specialist decision-making bodies with members drawn from first line executive management, an oversight committee with members drawn from second line (risk and compliance) and third line (audit) management, supported by and a set of independent external advisory committees formed of market practitioners with specialist expertise on benchmark methodologies, input data and the underlying market.