Date: 29th November 2012
Author: EuroFinuse

EuroFinuse welcomes the consultation from the EC on the regulation of indices. Individual financial services users are indeed using indices a lot either willingly or unwillingly:
As investors and savers - many retail investment products have their performance linked or benchmarked to indices;
As borrowers - almost all variable rate loans have their interest rate linked to indices: LIBOR or EURIBOR in particular.
While many of the questions raised by the EC are targeted at index providers and professional users, some are directly relevant to individual financial services users.