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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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EMMI » EONIA® » Steering Committee

Steering Committee

 

Eonia® and Euribor® share the same Steering Committee membership.

EMMI created an Eonia Task Force to support the Steering Committee and the EMMI Secretariat in their responsibilities to undertake an in-depth review of the Eonia benchmark.

Membership of the Eonia Task Force will be open and may include members of the Steering Committee, Panel Bank representatives, public authorities, other market practitioners and third-party experts.

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.