The Global Financial Markets Association (GFMA) has published a statement of Principles for Financial Benchmarks in a move to further tighten best practices for financial benchmarks, as well as promoting 'uniform, transparent and sound practices' in relation to benchmark gauges. Based on the new definitions, a number of indices that are used as underlying assets for structured products or that are used in exchange-traded funds will be included within the scope of the principles. The European C