- December 2019: EMMI publishes EONIA Benchmark Statement
- November 2019: EMMI granted authorisation by Belgian FSMA for provision and administration of EONIA under EU BMR
- November 2019: EMMI confirms the successful completion of the phase-in of all EURIBOR® Panel Banks to the hybrid methodology
- October 2019: EMMI publishes EONIA® under the reformed determination methodology and has applied for authorisation
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.
EONIA® Governance Framework
As a critical benchmark administrator, the European Money Markets Institute (EMMI) has defined and implements robust governance and control arrangements to ensure EONIA®'s integrity and reliability.
EMMI has adopted a Governance Framework to establish the requirements and principles related to the provision of theEONIA® benchmark. The EONIA® Governance Framework consists of the following components:
- The EONIA® Governance Code of Conduct (GCC), which sets out the governance, control and accountability frameworks established by EMMI for the provision of EONIA®.
- The Benchmark Determination Methodology for EONIA® (BDM), which sets out the determination methodology for the calculation of EONIA® under both regular and contingency circumstances.
The EONIA® Governance Framework is supported by a set of policies and procedures covering all aspects of the provision of the benchmark.