FI assesses the Application for Authorisation under BMR complete

The Swedish Financial Benchmark Facility’s application to become an authorised administrator of STIBOR in accordance with the EU’s Benchmark Regulation (BMR) has of 2 January 2023 been assessed to be complete by the Swedish Financial Supervisory Authority, Finansinspektionen (“FI”).

As of 2 January 2023, the Swedish Financial Supervisory Authority shall examine the application for authorisation and adopt a decision to authorise, or refuse to authorise, SFBF within four months in accordance with Article 34(6)(a) BMR.

Please see the statement from the Swedish Financial Supervisory Authority, Finansinspektionen, on their website, www.fi.se.  

STIBOR remains eligible during the application process as per Article 51 BMR. SFBF will remain available to, and in dialogue with, the Swedish Financial Supervisory Authority regarding the application and its content during the full process.  The Swedish Financial Benchmark Facility lodged the application for becoming an authorised administrator in accordance with BMR with Finansinspektionen, the Swedish Financial Supervisory Authority, on 27 December 2021.