Euribor-EBF (European Banking Federation), the association in charge de of the euro interbank offered rate (Euribor), is making progress in its reforms to improve the governance of the eurozone interbank benchmark rate.
In
a report
, published on 20 February
, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) found that enterprise reforms are headed in the right direction in terms of "improved transparency of the benchmark-setting process, enhanced governance of the benchmark, and improved…