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Euribor Reform

target dates

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On 14 December 2000, the Governing Council of the European Central Bank (ECB) has decided that, from 2002 until further notice, the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) system will be closed, in addition to Saturdays and Sundays, on the following days:
  • New Year's Day
  • Good Friday (Catholic/Protestant)
  • Easter Monday (Catholic/Protestant)
  • 1 May (Labour Day)
  • Christmas Day
  • 26 December

For further information, please visit the Website of the ECB.

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EURIBOR-EBF » EONIA® » Steering Committee

Steering Committee

The two-years mandate of the Euribor Steering Committee has come to an end.

As part of the implementation process of the EBA and ESMA recommendations, Euribor-EBF is currently working on reviewing the composition of the Euribor Steering Committee by reducing the number of members from panel banks to a minority and including other classes of stakeholders in order to further develop its independence and diversity. The new composition of the Steering Committee is expected to be announced by end of May.

A Task Force composed of 4 members is currently operating in the interim period.

Click here for the Minutes of Euribor Steering Committee meetings.

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The Steering Committee usually meets twice a year in Brussels. Yet, ad hoc meetings can be organised whenever necessary.
The Steering Committee oversees the compliance with the Code of Conduct and monitors market developments.
Further information on the role of the Steering Committee can be found in Article 8 of the Euribor® Code of Conduct.
Members of the Steering Committee can only attend the meetings in personam and therefore cannot send any representative.