Update:

As we all know, the rapid expansion of the COVID-19 has caused the implementation of several drastic measures that have the objective to contain its growth, always with the objective of protecting the health and well-being of every person.

Therefore, and because ACI Portugal also wants to ensure the maximum security of our members, we hereby announce the postponement of this Seminar, initially scheduled to happen on April 2nd 2020.

Global Rate Set Systems is completely in agreement with this postponement, and will be available for its rescheduling in a future date.

If you had registered to this event, we hereby inform you that you will need to register again when the new date is set.

Thanks you for your understanding.

ACI Portugal

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In the last few years, following the numerous instances of benchmark manipulation, some concerns were raised on the reliability and integrity of several interest rate benchmarks, such as the EURIBOR and LIBOR.

Given the importance of benchmarks for financial markets, the European Union has adopted the Benchmark Regulation (EU) 2016/2011 (BMR), to regulate indices used as benchmarks in financial instruments and financial contracts.

Having been applied from 1st January 2018, with a transitional period that closed in 1st January 2020 and where a phased adoption is possible until 31st December 2021, it is essential that users and administrators of benchmarks understand all the impacts of the BMR.

Therefore, ACI Portugal and Global Rate Set Systems, an entity specialised in providing services and expertise in financial benchmarks and indices, would like to invite you for a presentation on the Benchmark Regulation and its impact on EURIBOR.

The presentation will be delivered by Neil Donaldson, Business Manager for Europe for Global Rate Set Systems, and focussed on:

- Brief summary of Benchmark Regulation;

- Impacts and changes in banks’ governance models;

- Methodologies used for EURIBOR contributions;

- The change for a Risk Free Rate and the different approaches in various jurisdictions (with a focus on the Eurozone).

The presentation will take place in ACI Portugal’s Lisbon head-office (Rua Dom Luis de Noronha, 4 Piso 8, 1050-072 Lisbon) on 2nd April 2020 at 5pm. It will be followed by a Q&A session and a Cocktail in the Rooftop of ACI Portugal.

To register your attendance, please send an email to geral@aci-portugal.com

For further information on Global Rate Set Systems, please check their website on https://globalrateset.com/

Update: Given the outbreak of COVID-19, Forex ACI Portugal has decided to postpone the Training Course on the ACI Dealing Certificate which was scheduled for early May 2020.

Our priorities are the health and wellbeing of all citizens, so we are taking this decision in order to mitigate potential risks to attendees.

The Training Course will be rescheduled to a future date, which will be announced as soon as Forex ACI Portugal is absolutely certain that optimal conditions are guaranteed for attendees to be safe and can fully enjoy the Training Course.

Thank you and stay safe.
Forex ACI Portugal
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Forex ACI Portugal and Full Value Financial Services (ACI FMA Accredited Trainer) intend to organise a Training Course on the ACI Dealing Certificate in Lisbon from 4th to 8th May 2020.

The Course is scheduled for the headquarters of Forex ACI Portugal, and it will allow participants to obtain a working knowledge of the structure and operation of the major foreign exchange and money markets as well as of their core products (cash, forwards and derivatives), the basic skills required for competent participation, including the ability to apply the fundamental mathematics used in these markets.

The Course is designed for recent entrants in financial markets, junior dealers, middle office and operations personnel, auditors and compliance officers. It is structured to allow participants with diversified levels of experience to be adequately prepared to acquire and implement the content of the ACI Dealing Certificate and, if they wish, prepare the respective exam.

For further information on this Course, please check the website of Forex ACI Portugal on www.aci-portugal.com