Refinitiv, an LSEG Business, has published a statement today, providing a summary and insight to the responses received from the WM/Refinitiv Spot Rates (WMR) “Request for Feedback”. Refinitiv, through its wholly owned subsidiary Refinitiv Benchmark Services (UK) Limited (RBSL), is the WMR benchmark administrator and holds the primary responsibility for all aspects of the provision of the WMR. RBSL is authorized and regulated in the UK by the Financial Conduct Authority (FCA).
Since launching in 1994, the WMR has become one of the most widely used suite of FX benchmarks. Refinitiv continues to respond to market changes and to provide solutions for evolving user requirements, to ensure the WMR remains the most appropriate FX benchmarks for users and the feedback which has been received is an important input to that process.
The statement can be accessed here: https://www.refinitiv.com/en/financial-data/financial-benchmarks/wm-refinitiv-fx-benchmarks