ESTER and European Insurance and Occupational Pensions Authority: Difference between pages

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''Interest rates - reference rates''.
(EIOPA).  


ESTER is an acronym for Euro Short TErm Rate.
EIOPA is part of the European System of Financial Supervision consisting of three European Supervisory Authorities and the European Systemic Risk Board.  


It is administered by the European Central Bank (ECB), with formal publication scheduled from October 2019.
It is an independent advisory body to the European Parliament, the Council of the European Union and the European Commission.




ESTER is designed to reflect the wholesale euro unsecured overnight borrowing costs of euro area banks, and to complement existing benchmark rates produced by the private sector, serving as a backstop reference rate.
EIOPA’s responsibilities include supporting the stability of the financial system, transparency of markets and financial products as well as the protection of insurance policyholders, pension scheme members and beneficiaries.


To assist transition, it is currently published as 'pre-ESTER' in the period up to October 2019.


''EIOPA is a successor to the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) which was created as part of the Lamfalussy Process.''


ESTER is also sometimes written as ''€STR'', using the € symbol.




==See also==
== See also ==
*[[Benchmark]]
* [[Beneficiary]]
*[[Euro area]]
* [[European Banking Authority]]  (EBA)
*[[European Central Bank]]
* [[European Commission]]
*[[O/N]]
* [[European Council]]
* [[Pre-ESTER]]
* [[European Parliament]]
*[[Reference rate]]
* [[European Securities and Markets Authority]] (ESMA)
*[[RFR]]
* [[European Supervisory Authority]] (ESA)
*[[Risk-free rates]]
* [[European System of Financial Supervision]]
*[[SONIA]]
* [[European Systemic Risk Board]]
 
* [[Insurance]]
==Other links==
* [[Lamfalussy Standards]]
[https://www.ecb.europa.eu/paym/initiatives/interest_rate_benchmarks/euro_short-term_rate/html/index.en.html European Central Bank Euro short term rate]
* [[Pension scheme]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]
[[Category:The_business_context]]

Revision as of 21:07, 9 October 2021

(EIOPA).

EIOPA is part of the European System of Financial Supervision consisting of three European Supervisory Authorities and the European Systemic Risk Board.

It is an independent advisory body to the European Parliament, the Council of the European Union and the European Commission.


EIOPA’s responsibilities include supporting the stability of the financial system, transparency of markets and financial products as well as the protection of insurance policyholders, pension scheme members and beneficiaries.


EIOPA is a successor to the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) which was created as part of the Lamfalussy Process.


See also