IOSCO has published a report that looks at the impact of storage infrastructures on the integrity of the price formation process of physically-delivered commodity derivatives contracts traded on regulated exchanges. In principle it found the IOSCO Principles for the regulation and supervision of commodity derivatives markets set the right framework for implementing effective oversight, governance and operational controls of storage infrastructure and did not require additional principles or revision of the existing principles. However, the report notes some practices that could cause disruption and makes recommendations on how to address them. (Source: IOSCO reports on commodity derivatives pricing)