GRSS subsidiary, Czech Financial Benchmark Facility s.r.o., has taken over the benchmark administration responsibilities for the PRIBOR benchmark (Prague Interbank Offered Rate). This role was previously performed by the Czech ACI and the Czech Bankers Association. The new company has been set up to work with local stakeholders to take the benchmark through the registration and authorisation process under the new BMR regulations.
GRSS subsidiary to become administrator for PRIBOR
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