Application for administrator authorisation – STIBOR may continue to be used while FI evaluates the application

2021-12-27 | BMR News Markets

Swedish Financial Benchmark Facility AB (SFBF) submitted an application to Finansinspektionen (FI) on 27 December 2021 to become an authorised administrator in accordance with the EU’s Benchmark Regulation (BMR).

SFBF provides the benchmark STIBOR (Stockholm Interbank Offered Rate), which is a critical reference rate according to the BMR. Under the transitional provisions set out in the BMR, STIBOR may continue to be used while FI evaluates the application.