STIBOR benchmark to be fee liable from 1st May 2020
The Swedish Financial Benchmark Facility intends to introduce a fees for the use of the STIBOR benchmark from the 1st May 2020.
All users of the benchmarks, including financial intermediaries, banks, corporates, asset managers, exchanges, clearing houses and information vendors will be required to obtain a subscription for their use of the benchmarks.
The introduction of fees is to offset the increase costs of producing the benchmark to meet EU BMR standards, which necessitates additional governance, technology and compliance costs.
For more information on the subscription services available, please visit our subscriptions page