Thomson Reuters Benchmark Services Adds David Clark to its Board
- David Clark is the newest addition to the group's board, also joining Thomson Reuters' Oversight Committees.
Thomson Reuters Benchmark Services Limited (TRBSL) has strengthened its board with the addition of David Clark as its newest independent non-executive director, who steps into his role with immediate effect, Finance Magnates has learned.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong.
TRBSL is an entity of Thomson Reuters (NYSE:TRI), responsible for ensuring that its global benchmarks are compliant with the existing plethora of UK regulations, along with other international Obligations Obligations In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you Read this Term stipulated under the IOSCO principles for benchmarks.
In this capacity, Mr. Clark will be stepping into an integral role on TRBSL’s board. He will also join the group’s Oversight Committees of two benchmarks, i.e. the LMBA Silver Price and the WM/Reuters foreign currency benchmarks.
David Clark
Prior to joining TRBSL, Mr. Clark has had a lengthy career at other banking groups, including senior level roles at Bankers Trust, Commerzbank, HSBC, and Bankgesellschaft, among others. Since leaving the banking space he has held advisory positions and directorships.
In addition to his new role, Mr. Clark is presently an acting member of the Bank of England's (BoE) Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) Joint Standing Committee, as well as a member of the Bank's SONIA Advisory Committee and the Libor and IceSwap Benchmark Oversight Committees administered by ICE.
Thomson Reuters Benchmark Services Limited (TRBSL) has strengthened its board with the addition of David Clark as its newest independent non-executive director, who steps into his role with immediate effect, Finance Magnates has learned.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong.
TRBSL is an entity of Thomson Reuters (NYSE:TRI), responsible for ensuring that its global benchmarks are compliant with the existing plethora of UK regulations, along with other international Obligations Obligations In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you Read this Term stipulated under the IOSCO principles for benchmarks.
In this capacity, Mr. Clark will be stepping into an integral role on TRBSL’s board. He will also join the group’s Oversight Committees of two benchmarks, i.e. the LMBA Silver Price and the WM/Reuters foreign currency benchmarks.
David Clark
Prior to joining TRBSL, Mr. Clark has had a lengthy career at other banking groups, including senior level roles at Bankers Trust, Commerzbank, HSBC, and Bankgesellschaft, among others. Since leaving the banking space he has held advisory positions and directorships.
In addition to his new role, Mr. Clark is presently an acting member of the Bank of England's (BoE) Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) Joint Standing Committee, as well as a member of the Bank's SONIA Advisory Committee and the Libor and IceSwap Benchmark Oversight Committees administered by ICE.