February 7, 2017/WFE The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a white paper entitled ‘The interplay between Central Counterparty (CCP) recovery and resolution: a global perspective’, setting out the views of the exchange and CCP community from […]
World News
IOSCO report shows progress made in implementation of Benchmark Principles
February 7, 2017/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) today published the Second Review of the Implementation of IOSCO’s Principles for Financial Benchmarks in respect of the WM/Reuters 4 p.m. Closing Spot Rate. The report found that the administrator had made very significant progress, with most […]
Fitch Rates Nigeria’s USD Notes ‘B+(EXP)’
(This Statement was made by Fitch Ratings on February 6, 2017)-Fitch Ratings has assigned Nigeria’s upcoming USD denominated senior unsecured notes an expected rating of ‘B+(EXP)’. The assignment of the final rating is contingent on the receipt of final documents materially conforming to information already reviewed. KEY RATING DRIVERS The […]
