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.