SFBF is currently finalising the application for authorisation in accordance with EU BMR Article 34. As previously announced the application will be submitted to the Swedish Financial Supervisory Authority before the end of the month.
The transition to the revised STIBOR Calculation Methodology, in close cooperation with the appointed panel banks, is progressing well. The transition phase will progress into Q1 to ensure a secure and stable transition and market stability.
SFBF would like to acknowledge the efforts of STIBOR Panel Banks and the Calculation Agent who have jointly developed control and reporting systems to contribute input data in order to capture transactional evidence.
The documentation related to the revised methodology have been made available via the document library available here; Link to the SFBF Library.