We at the Bank are very conscious of this and will exert ourselves to the utmost to ensure that the Bank fulfills its responsibilities amid the ongoing globalization and shifts to market-oriented economies. I would like to conclude by expressing my hope for your continued support and understanding. BIS Review 142/1996
Since then, the official sector has thought seriously about financial benchmarks, conducting a number of investigations into charges of manipulation, publishing the International Organization of Securities Commission’s (IOSCO) Principles for Financial Benchmarks and, through the Financial Stability Board (FSB), sponsoring major reform efforts of both interest rate and foreign exchange benchmarks.2 The institutions represented on the ARRC have also had to think seriously about these issues as they have developed this interim report.