EBA and ESMA have published the final report on the principles for benchmark-setting in the EU. It includes a new principle on ensuring the continuity of benchmarks. These principles are an interim solution that will help providers and users in the transition period until the Commission proposals that are currently under discussion become law. EBA and ESMA have also announced further work on transaction-based methodologies for calculating benchmarks. In the meantime, they also keep reviewing the implementation of their recommendations to reform Euribor. (Source: ESMA and EBA Publish Final Principles on Benchmarks)