RE: foreign-exchange benchmarks

This item in Bloomberg today:
http://www.bloomberg.com/news/2014-10-20/forex-rigging-fines-could-hit-41-billion-globally-citi.html

...is relevant to keep in mind, in relation to the following segments of
the current draft charter of the IC on web payments:

"the identification of the different actors in the payments chain, their
position, their business models, their responsibilities, their incentives,
etc."

as well as

"Provide more flexibility for payers and payees to use multiple payment
instruments.
Increase user protection (privacy, fraud, etc.) when paying on the Web as
well as reduce payee exposure to risk from fraud"

and

"Provide more transparency of choice to the user to understand the roles of
involved parties, assess the effects of possible fees, and understand the
data flow and its implications"

***


Joseph Potvin, M.Phil. MCPM
Doctoral Candidate, Project Management
Université du Québec

Chair, OSI Management Education Working Group

Coordinator, The FLOW Syllabus
http://wiki.opensource.org/bin/Projects/flow-syllabus

The Open Source Initiative

Operations Manager | Gestionnaire des opérations
The Opman Company | La compagnie Opman
jpotvin@opman.ca
Mobile: 819-593-5983