Banks on the submitting panels for the Euribor and Eonia interbank benchmark rates will, as of June 1, have to join separate panels to make submissions, the Euribor-European Banking Federation (Euribor-EBF) revealed today.
The move comes as part of efforts to clean up benchmark rate-setting around the world, with Libor and Euribor facing some of the closest scrutiny over governance problems. A report published by the European Banking Authority (EBA) and European Securities and Markets Authority
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