Swedish Financial Benchmark Facility (SFBF)

The Swedish Financial Benchmark Facility is an independent benchmark administrator, specifically established to administer the Swedish interest rate benchmark, STIBOR. STIBOR is recognized as a critical benchmark of vital importance for financial stability and market integrity in Sweden.

SFBF took on the role of administrator of STIBOR, in April 2020. Its mission is to administer, publish and manage STIBOR in accordance with provisions of the Benchmark Regulation (EU BMR), Swedish legislation and guidelines from the Swedish Financial Supervisory Authority and the European Securities and Markets Authority.

SFBF, in its role as administrator of a critical benchmark, will be under the supervision of the Swedish Financial Supervisory Authority.

An application for authorisation as a benchmark administrator in accordance with the Benchmark Regulation (EU BMR), is being processed by the Swedish Financial Supervisory Authority since December 2021.

Corporate details

The Swedish Financial Benchmark Facility AB (SFBF) is a limited company registered in Sweden, specifically established to administer STIBOR.

The company is a subsidiary of Financial Benchmarks Sweden AB, part of the Swedish Bankers’ Association.

SFBF is registered for, and upholds, an F-tax status in Sweden.

 

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SFBF is governed by a Board of Directors (the Board) and consists of members elected by the general meeting. SFBF is also overseen by an independent Oversight Committee of market experts overseeing the application of the benchmark governance, compliance and monitoring market developments.

The Swedish Financial Benchmark Facility, in its role as administrator of a critical benchmark, will be under the supervision of the Swedish Financial Supervisory Authority.

 

Learn more about the governance of SFBF here.