The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have published the results of their joint review of the Euribor – EBF. The review found that Euribor – EBF has made significant progress in implementing the ESMA – EBA Recommendations addressing weaknesses and short comings in its governance and technical framework. This progress provides the basis for improved transparency of the benchmark-setting-process, enhanced governance of the benchmark, and improved quality of the resulting index.