The European Central Bank (ECB) has launched a call for expressions of interest to participate in the Working Group on Euro Risk-Free Rates for the euro area. The call is also issued on behalf of the European Securities and Markets Authority (ESMA), the Belgian Financial Services and Markets Authority (FSMA), and the European Commission. Applications are encouraged from financial sector representatives and non-banking institutions or associations.
The working group, which will be chaired by a private sector representative and with a Secretariat provided by the ECB, will regularly consult market participants and end-users, as well as gather feedback from other public authorities. The ECB expects the working group to be operational and its composition to be announced by the beginning of 2018.