21/09/2017 (Agence Europe) – On Thursday 21 September, the European Central Bank (ECB) announced that it is to develop a new benchmark for the eurozone exchange markets by 2020, as an alternative to the current benchmarks, which are used for various financial instruments and contracts, such as EURIBOR and EONIA. Following this decision, the Financial Services and Markets Authority (FSMA), the European Securities and Markets Authority (ESMA) and the European Commission announced that they...