{
  "document": "BR-Index — IOSCO Principles for Financial Benchmarks: Self-Assessment & Mapping",
  "framework": "IOSCO Principles for Financial Benchmarks (FR07/2013)",
  "administrator": "Atlas IP Holdings LLC (BRidge / ScrapFutures — BR-Index family)",
  "status": "Self-assessed disclosure. Reflects BRidge's published methodology and governance; not an external assurance or audit opinion.",
  "last_reviewed": "2026-06-18",
  "references": {
    "methodology": "/static/methodology.html",
    "governance": "/static/governance.html",
    "public_indices": "/public-indices",
    "series_list": "/indices/universe",
    "change_log": "/static/indices/changes.json"
  },
  "categories": [
    {
      "category": "Governance",
      "principles": [
        {"n": 1, "name": "Overall responsibility of the Administrator", "disclosure": "BRidge is the sole administrator and retains responsibility for all stages of determination. See Governance — Oversight Committee."},
        {"n": 2, "name": "Oversight of third parties", "disclosure": "Inputs are vendor price sheets and platform trades; no calculation is outsourced. Subprocessors are disclosed at /legal/subprocessors."},
        {"n": 3, "name": "Conflicts of interest", "disclosure": "Disclosed in Governance — Conflicts & Independence; the dominant contributor (Winski) is treated identically to all yards with no carve-out."},
        {"n": 4, "name": "Control framework", "disclosure": "k-anonymity / small-cell suppression on public surfaces, integrity crons, tamper-evident audit chain, and access controls. See Governance."},
        {"n": 5, "name": "Internal oversight", "disclosure": "Oversight Committee reviews methodology changes and complaints. See Governance — Oversight Committee."}
      ]
    },
    {
      "category": "Quality of the Benchmark",
      "principles": [
        {"n": 6, "name": "Design", "disclosure": "Blended VWAP-basis design reflecting the underlying scrap market. See Methodology — Calculation (Blended)."},
        {"n": 7, "name": "Data sufficiency", "disclosure": "Inputs & Eligibility define minimum data; cells below the k-anonymity threshold are suppressed rather than published from thin data."},
        {"n": 8, "name": "Hierarchy of data inputs", "disclosure": "Defined input hierarchy with documented fallbacks. See Methodology — Fallbacks & Holidays."},
        {"n": 9, "name": "Transparency of determination", "disclosure": "Methodology is published; public index data is available at /public-indices and may be delayed or limited."},
        {"n": 10, "name": "Periodic review", "disclosure": "Methodology is reviewed periodically by the Oversight Committee; material changes follow the change-management notice policy."}
      ]
    },
    {
      "category": "Quality of the Methodology",
      "principles": [
        {"n": 11, "name": "Content of the Methodology", "disclosure": "Published methodology covers inputs, eligibility, calculation, outliers/minimums, and fallbacks. See /static/methodology.html."},
        {"n": 12, "name": "Changes to the Methodology", "disclosure": "Versioned and disclosed at /static/indices/changes.json with notice periods (material ≥30 days; minor ≥5 business days)."},
        {"n": 13, "name": "Transparency of Methodology changes", "disclosure": "Change log is public; notice periods apply before material changes take effect."},
        {"n": 14, "name": "Submitter code of conduct", "disclosure": "Inputs are vendor sheets / platform trades subject to the Acceptable Use Policy and Rulebook; no discretionary submitter panel."},
        {"n": 15, "name": "Internal controls over data collection", "disclosure": "Ingestion is signed/validated; outliers and minimums applied per Methodology — Outliers & Minimums."}
      ]
    },
    {
      "category": "Accountability",
      "principles": [
        {"n": 16, "name": "Complaints procedures", "disclosure": "Published in Governance — Complaints & Corrections."},
        {"n": 17, "name": "Audit", "disclosure": "Tamper-evident audit chain over index determinations; restatement policy in Methodology — Corrections & Restatements."},
        {"n": 18, "name": "Audit trail", "disclosure": "Determination inputs and outputs are retained and reproducible; see Methodology — Corrections & Restatements."},
        {"n": 19, "name": "Cooperation with regulatory authorities", "disclosure": "BRidge cooperates with applicable regulatory authorities and retains records to support review."}
      ]
    }
  ]
}