Governance

CoinDesk Indices is committed to upholding the highest standards of transparency, security, governance and regulatory compliance. Assuch, CoinDesk Indices voluntarily adheres to the International Organization of Securities Commissions Principles for Financial Benchmarks (“IOSCO Principles”) and System and Organization Controls for SOC 1 and SOC 2 attestation reporting.

IOSCO Principles

First published in July 2013, the IOSCO Principles’ objective is to create an overarching framework of principles for the construction, administration, and oversight of benchmarks used in financial markets. CoinDesk Indices has completed an external review of its adherence to the IOSCO Principles, available here.

SOC Audits

SOC 1 - Type II

SOC 1 audit reports are industry standard attestations governed by the American Institute of Certified Public Accounts (AICPA). Specifically, SOC 1 assesses how well CoinDesk Indices safeguards information and maintains processes that may impact the accuracy and integrity of clients’ financial statements. The audit is conducted in accordance with Statement on Standards for Attestation Engagements (SSAE) 18 guidelines. CoinDesk Indices has completed an external review of its SOC 1 compliance, available here.

SOC 2 - Type II

SOC 2 audit reports assess a company’s non-financial controls, with a focus on defined trust principles aligned with the Committee of Sponsoring Organizations of the Treadway Commission (COSO) principles. CoinDesk Indices evaluates and maintains controls related to the security, availability and confidentiality trust service principles. CoinDesk Indices has completed an external review of its SOC 2 compliance, available here.