European Financial Reporting Advisory Group and European Money Markets Institute: Difference between pages

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''Financial reporting''
(EMMI).


(EFRAG).
The European Money Markets Institute provides the following two benchmark interest rates:
*Euribor, the money market reference rate for the euro; and
*EONIA, the effective overnight reference rate for the euro.


EFRAG is a private association established in 2001 with the encouragement of the European Commission.


Its member organisations have knowledge and interest in the development of International Financial Reporting Standards (IFRS) and how they contribute to the efficiency of capital markets in the European Union.
EMMI works to reinforce the transparency and enhance the governance framework to preserve the quality and integrity of its benchmarks.  


EFRAG’s mission is to serve the European public interest by developing and promoting European views in the field of financial reporting and ensuring these views are properly considered in the IASB standard-setting process and in related international debates.  
EMMI also strives to develop new suitable benchmarks adapted to the current regulatory context.


EFRAG ultimately provides advice to the European Commission on whether newly issued or revised IFRS meet the criteria in the IAS Regulation for endorsement for use in the EU, including whether endorsement would be conducive to the European public good.
 
Its members are national banking associations in the Member States of the European Union.
 
EMMI was formerly known as Euribor-EBF (European Banking Federation).




== See also ==
== See also ==
* [[European Commission]]
* [[Benchmark]]
* [[European Union]]
* [[EONIA]]
* [[Financial Reporting Council]]
* [[Euribor]]
* [[International Accounting Standards Board]]
* [[Euro]]
* [[International Financial Reporting Standards]]
* [[Institutional Money Market Funds Association]]
* [[LIBOR]]
* [[Money market]]
* [[Money market fund reform: a light at the end of the tunnel?]]

Revision as of 15:39, 8 November 2017

(EMMI).

The European Money Markets Institute provides the following two benchmark interest rates:

  • Euribor, the money market reference rate for the euro; and
  • EONIA, the effective overnight reference rate for the euro.


EMMI works to reinforce the transparency and enhance the governance framework to preserve the quality and integrity of its benchmarks.

EMMI also strives to develop new suitable benchmarks adapted to the current regulatory context.


Its members are national banking associations in the Member States of the European Union.

EMMI was formerly known as Euribor-EBF (European Banking Federation).


See also

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