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The Polish FSA, KNF, has approved on. Nov. 3rd 2020 IRF as benchmark administrator in accordance with the requirements in the EU Benchmarks Regulation (BMR).
Upon this decision, WKF – an interest rate index devloped by IRF falls within the scope of the Regulation (Eu) 2016/1011 Of The European Parliament And Of The Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014.
WKF has thereby become the first BMR compliant interest rate benchmark in Poland.