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Composition

Chair : Mr Wim Mijs, CEO of the Dutch Banking Association (NVB) and Chairman of the EBF Executive Committee.

Administrators:

Mr Pierfrancesco GAGGI, Head of International Relations Department, Italian Banking Association (ABI).

Mr Jean-François PONS, Director, European and International Affairs, French Banking Federation (FBF).

Dr Siegfried UTZIG, Senior Manager responsible for Economic Policy and International Affairs, Association of German Bank (BDB).

Description

The Board of Directors has the power to take all actions necessary or useful for the realisation of the association’s purpose with the exception of that reserved by law or the Statutes to the General Assembly. It may create working groups, allocating to them tasks which it considers opportune, and appoint their presidents.

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Composition

List of members available here.

Description

The General Assembly is composed of the members countries of Euribor-EBF and is competent for the following matters, in particular:

• amendments to the association’s Statutes;
• the appointment and dismissal of directors, as well as their discharge;
• the approval of the budget and annual accounts;
• the voluntary dissolution of the association;
• the acceptance and exclusion of members;
• the appointment and dismissal of members of the Steering Committees;
• the determination of the association’s strategy and approval of its medium-term objectives.

The Assembly is presided over by the Chairperson of the Board of Directors.

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Description

STEP Market Committee members are persons of recognised standing and professional experience in the functioning of the European markets for short-term securities. They represent all the intermediaries (investors, issuers, dealers, arrangers) of the largest European markets for Short-Term paper.  They (a) monitor market developments, (b) establish and review the standards on which the STEP label based, and (c) provide guidance on the appropriate and consistent interpretation of the STEP Market Convention.

View the members of the STEP Market Committee here.

Access all the minutes of the STEP Market Committee here.

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 Description

The STEP Secretariat is responsible for granting, withholding or withdrawing and the day-to-day management of the STEP label at its own discretion in accordance with the criteria and requirements laid down in the STEP Market Convention. It also administers the STEP website and provides certain data to the ECB and the eligible data providers to produce STEP statistics. Finally, it acts as a promoter of the STEP label and advisor to the STEP Market Committee.

Our contact details are available here.