Please add spaces between words: TheproposalisinlinewiththeprinciplesrecentlyagreedatinternationallevelbytheInternationalOrganizationforSecuritiesCommissions(IOSCO)andcoversabroadvarietyofbenchmarks,notjustinterestratebenchmarkssuchasLIBOR,butalsocommoditybenchmarksforexample.
The proposal is in line with the principles recently agreed at international level by the International Organization for Securities Commissions (IOSCO) and covers a broad variety of benchmarks, not just interest rate benchmarks such as LIBOR, but also commodity benchmarks for example.