{"id":1399,"date":"2025-10-03T15:56:50","date_gmt":"2025-10-03T06:56:50","guid":{"rendered":"https:\/\/www.torf.co.jp\/?p=1399"},"modified":"2025-10-03T15:58:01","modified_gmt":"2025-10-03T06:58:01","slug":"news2510_01","status":"publish","type":"post","link":"https:\/\/www.torf.co.jp\/en\/news2510_01\/","title":{"rendered":"Result of a Periodic Review of TORF Operational Framework"},"content":{"rendered":"<style type=\"text\/css\">\r\n    .news_table td {\r\n        border-width: 1px;\r\n        border-color: #000;\r\n        border-style: solid;\r\n        border-collapse: unset;\r\n        padding: 1px 3px;\r\n    }\r\n    .news_table tr td:first-child {\r\n        width: inherit;\r\n    }\r\n    @media screen and (max-width: 800px) {\r\n        .news_table .sp {\r\n            font-weight: 400;\r\n        }\r\n    }\r\n    @media screen and (min-width: 800px) {\r\n        .news_table .sp {\r\n            display: none;\r\n        }\r\n    }\r\n\r\n<\/style>\r\n\r\n<div style=\"margin: 0 0 0 auto; text-align: right;\">\r\n    <p>QUICK Benchmarks Inc.<\/p>\r\n<\/div>\r\n<br>\r\nQUICK Benchmarks Inc. (QBS) conducted a periodic review of TORF operational framework pursuant to the Article 47 (1) of the TORF Operational Rules, and publishes the result as below.\r\n<br>\r\nIn light of international discussions on the financial benchmark reforms, QBS will continue its efforts to comply with the IOSCO principle and maintain the operational framework with a view to enhancing the reliability and transparency of TORF.\r\n\r\n<br>\r\n<br>\r\n<a href=\"https:\/\/www.torf.co.jp\/wp-content\/uploads\/Result-of-a-Periodic-Review-of-TORF-Operational-Framework_2024JP.pdf\" class=\"font_color_blue\" hreflang=\"x-default\" target=\"_blank\" rel=\"noopener\">Result of a Periodic Review of TORF Operational Framework (2024)\u3000[Japanese Only]<\/a><br>","protected":false},"excerpt":{"rendered":"QUICK Benchmarks Inc. QUICK Benchmarks Inc. (QBS) conducted a periodic review of TORF operational framework pursuant to the Article 47 (1) of the TORF Operational Rules, and publishes the result as below. In light of international discussions on the financial benchmark reforms, QBS will continue its efforts to comply with the IOSCO principle and maintain [&hellip;]","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_locale":"en_US","_original_post":"https:\/\/www.torf.co.jp\/?p=1395","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1399","post","type-post","status-publish","format-standard","hentry","category-uncategorized","en-US"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Result of a Periodic Review of TORF Operational Framework | \u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.torf.co.jp\/en\/news2510_01\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Result of a Periodic Review of TORF Operational Framework | \u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9\" \/>\n<meta property=\"og:description\" content=\"QUICK Benchmarks Inc. QUICK Benchmarks Inc. (QBS) conducted a periodic review of TORF operational framework pursuant to the Article 47 (1) of the TORF Operational Rules, and publishes the result as below. In light of international discussions on the financial benchmark reforms, QBS will continue its efforts to comply with the IOSCO principle and maintain [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.torf.co.jp\/en\/news2510_01\/\" \/>\n<meta property=\"og:site_name\" content=\"\u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-03T06:56:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-03T06:58:01+00:00\" \/>\n<meta name=\"author\" content=\"qbs_fhevu5\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"qbs_fhevu5\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.torf.co.jp\/en\/news2510_01\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.torf.co.jp\/en\/news2510_01\/\"},\"author\":{\"name\":\"qbs_fhevu5\",\"@id\":\"https:\/\/www.torf.co.jp\/#\/schema\/person\/ee6fab74eae454333e53e37f222264e4\"},\"headline\":\"Result of a Periodic Review of TORF Operational Framework\",\"datePublished\":\"2025-10-03T06:56:50+00:00\",\"dateModified\":\"2025-10-03T06:58:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.torf.co.jp\/en\/news2510_01\/\"},\"wordCount\":87,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.torf.co.jp\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.torf.co.jp\/en\/news2510_01\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.torf.co.jp\/en\/news2510_01\/\",\"url\":\"https:\/\/www.torf.co.jp\/en\/news2510_01\/\",\"name\":\"Result of a Periodic Review of TORF Operational Framework | \u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9\",\"isPartOf\":{\"@id\":\"https:\/\/www.torf.co.jp\/#website\"},\"datePublished\":\"2025-10-03T06:56:50+00:00\",\"dateModified\":\"2025-10-03T06:58:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.torf.co.jp\/en\/news2510_01\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.torf.co.jp\/en\/news2510_01\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.torf.co.jp\/en\/news2510_01\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u30db\u30fc\u30e0\",\"item\":\"https:\/\/www.torf.co.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Result of a Periodic Review of TORF Operational Framework\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.torf.co.jp\/#website\",\"url\":\"https:\/\/www.torf.co.jp\/\",\"name\":\"\u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9\",\"description\":\"QUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9\uff08QBS\uff09\u306f\u3001\u65b0\u3057\u3044\u65e5\u672c\u5186\u306e\u91d1\u5229\u6307\u6a19\u300c\u6771\u4eac\u30bf\u30fc\u30e0\u7269\u30ea\u30b9\u30af\u30fb\u30d5\u30ea\u30fc\u30fb\u30ec\u30fc\u30c8\uff08TORF\uff09\u300d\u306e\u7b97\u51fa\u30fb\u516c\u8868\u4e3b\u4f53\u3067\u3059\u3002\",\"publisher\":{\"@id\":\"https:\/\/www.torf.co.jp\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.torf.co.jp\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.torf.co.jp\/#organization\",\"name\":\"\u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9\",\"url\":\"https:\/\/www.torf.co.jp\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.torf.co.jp\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.torf.co.jp\/wp-content\/uploads\/2021\/03\/qbsLogo.svg\",\"contentUrl\":\"https:\/\/www.torf.co.jp\/wp-content\/uploads\/2021\/03\/qbsLogo.svg\",\"width\":\"1024\",\"height\":\"1024\",\"caption\":\"\u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9\"},\"image\":{\"@id\":\"https:\/\/www.torf.co.jp\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.torf.co.jp\/#\/schema\/person\/ee6fab74eae454333e53e37f222264e4\",\"name\":\"qbs_fhevu5\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.torf.co.jp\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d0786432a361cb39b827ef7f860f473ad1412eddf1eb0ca27cd88e6c0d0836ee?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d0786432a361cb39b827ef7f860f473ad1412eddf1eb0ca27cd88e6c0d0836ee?s=96&d=mm&r=g\",\"caption\":\"qbs_fhevu5\"},\"sameAs\":[\"http:\/\/dynamic.torf.co.jp\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Result of a Periodic Review of TORF Operational Framework | \u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.torf.co.jp\/en\/news2510_01\/","og_locale":"en_US","og_type":"article","og_title":"Result of a Periodic Review of TORF Operational Framework | \u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9","og_description":"QUICK Benchmarks Inc. QUICK Benchmarks Inc. (QBS) conducted a periodic review of TORF operational framework pursuant to the Article 47 (1) of the TORF Operational Rules, and publishes the result as below. In light of international discussions on the financial benchmark reforms, QBS will continue its efforts to comply with the IOSCO principle and maintain [&hellip;]","og_url":"https:\/\/www.torf.co.jp\/en\/news2510_01\/","og_site_name":"\u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9","article_published_time":"2025-10-03T06:56:50+00:00","article_modified_time":"2025-10-03T06:58:01+00:00","author":"qbs_fhevu5","twitter_card":"summary_large_image","twitter_misc":{"Written by":"qbs_fhevu5"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.torf.co.jp\/en\/news2510_01\/#article","isPartOf":{"@id":"https:\/\/www.torf.co.jp\/en\/news2510_01\/"},"author":{"name":"qbs_fhevu5","@id":"https:\/\/www.torf.co.jp\/#\/schema\/person\/ee6fab74eae454333e53e37f222264e4"},"headline":"Result of a Periodic Review of TORF Operational Framework","datePublished":"2025-10-03T06:56:50+00:00","dateModified":"2025-10-03T06:58:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.torf.co.jp\/en\/news2510_01\/"},"wordCount":87,"commentCount":0,"publisher":{"@id":"https:\/\/www.torf.co.jp\/#organization"},"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.torf.co.jp\/en\/news2510_01\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.torf.co.jp\/en\/news2510_01\/","url":"https:\/\/www.torf.co.jp\/en\/news2510_01\/","name":"Result of a Periodic Review of TORF Operational Framework | \u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9","isPartOf":{"@id":"https:\/\/www.torf.co.jp\/#website"},"datePublished":"2025-10-03T06:56:50+00:00","dateModified":"2025-10-03T06:58:01+00:00","breadcrumb":{"@id":"https:\/\/www.torf.co.jp\/en\/news2510_01\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.torf.co.jp\/en\/news2510_01\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.torf.co.jp\/en\/news2510_01\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u30db\u30fc\u30e0","item":"https:\/\/www.torf.co.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Result of a Periodic Review of TORF Operational Framework"}]},{"@type":"WebSite","@id":"https:\/\/www.torf.co.jp\/#website","url":"https:\/\/www.torf.co.jp\/","name":"\u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9","description":"QUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9\uff08QBS\uff09\u306f\u3001\u65b0\u3057\u3044\u65e5\u672c\u5186\u306e\u91d1\u5229\u6307\u6a19\u300c\u6771\u4eac\u30bf\u30fc\u30e0\u7269\u30ea\u30b9\u30af\u30fb\u30d5\u30ea\u30fc\u30fb\u30ec\u30fc\u30c8\uff08TORF\uff09\u300d\u306e\u7b97\u51fa\u30fb\u516c\u8868\u4e3b\u4f53\u3067\u3059\u3002","publisher":{"@id":"https:\/\/www.torf.co.jp\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.torf.co.jp\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.torf.co.jp\/#organization","name":"\u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9","url":"https:\/\/www.torf.co.jp\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.torf.co.jp\/#\/schema\/logo\/image\/","url":"https:\/\/www.torf.co.jp\/wp-content\/uploads\/2021\/03\/qbsLogo.svg","contentUrl":"https:\/\/www.torf.co.jp\/wp-content\/uploads\/2021\/03\/qbsLogo.svg","width":"1024","height":"1024","caption":"\u682a\u5f0f\u4f1a\u793eQUICK\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u30b9"},"image":{"@id":"https:\/\/www.torf.co.jp\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.torf.co.jp\/#\/schema\/person\/ee6fab74eae454333e53e37f222264e4","name":"qbs_fhevu5","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.torf.co.jp\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d0786432a361cb39b827ef7f860f473ad1412eddf1eb0ca27cd88e6c0d0836ee?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d0786432a361cb39b827ef7f860f473ad1412eddf1eb0ca27cd88e6c0d0836ee?s=96&d=mm&r=g","caption":"qbs_fhevu5"},"sameAs":["http:\/\/dynamic.torf.co.jp"]}]}},"_links":{"self":[{"href":"https:\/\/www.torf.co.jp\/wp-json\/wp\/v2\/posts\/1399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.torf.co.jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.torf.co.jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.torf.co.jp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.torf.co.jp\/wp-json\/wp\/v2\/comments?post=1399"}],"version-history":[{"count":3,"href":"https:\/\/www.torf.co.jp\/wp-json\/wp\/v2\/posts\/1399\/revisions"}],"predecessor-version":[{"id":1405,"href":"https:\/\/www.torf.co.jp\/wp-json\/wp\/v2\/posts\/1399\/revisions\/1405"}],"wp:attachment":[{"href":"https:\/\/www.torf.co.jp\/wp-json\/wp\/v2\/media?parent=1399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.torf.co.jp\/wp-json\/wp\/v2\/categories?post=1399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.torf.co.jp\/wp-json\/wp\/v2\/tags?post=1399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}