Bloomberg Confirms Compliance of BFIX Benchmarks With IOSCO Principles

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Bloomberg Confirms Compliance of BFIX Benchmarks With IOSCO Principles

Postby kreslik.news » Tue May 10, 2016 12:22 pm


Bloomberg, the global business financial information and news provider, today announced that it has successfully completed an independent assessment conducted by Ernst & Young, confirming the alignment of the BFIX family of benchmarks with the International Organization of Securities Commissions’ principles for financial benchmarks.
The confirmation that BFIX is aligned with the IOSCO Principles is an important milestone.

In the context of European Central Banks withdrawal of their reference rates from use as transactional benchmarks, the announcement demonstrates Bloomberg’s commitment to providing market participants with dependable FX benchmarks. 

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