Certifications

About Certifications

The members of the EMMEC are national associations of money market professionals in Europe, represented by their appointed delegates , with expertise in the secured and unsecured short-term markets. Views expressed by the members shall not be deemed to reflect the views of their respective institutions.

Disclaimers

Under no circumstances should the Beta Efterm^® Rates be used as a reference in a financial instrument or financial contract, to determine the amount payable under a financial instrument or financial contract, or to measure the performance of an investment fund.

In no event shall The European Money Markets Institute or its third-party providers be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses of any nature of expenses arising in connection with the use or misuse of the Beta Efterm^® Rates, any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus, line or system failure, unauthorized interception of information, or other security threats relating to the Beta Efterm^® Rates, including but not limited to, lost profits or punitive or consequential damages, even if The European Money Markets Institute has been advised of the possibility of same.

ICE Benchmark Administration Limited (IBA) is EMMI's calculation agent for Efterm^®. Input data for Efterm^® is provided “as is” by data providers. IBA, data providers and its and their affiliates owe no duty of care to users or recipients of Efterm^® and will not be liable to users or recipients of Efterm^® in relation to Efterm^® or the input data in any way whatsoever, whether under tort, contract, misrepresentation, restitution, breach of statutory duty, or otherwise under any applicable law save for any liability which by law may not be excluded. None of IBA, any data providers, or any of its or their affiliates make any claim, prediction, warranty, or representation whatsoever, express or implied, in relation to Efterm^®, the input data, or the appropriateness, suitability, or fitness of Efterm^® or the input data for any particular purpose to which it might be put and all warranties and representations of any kind, express or implied, are excluded.