Amended Subscription Options from January 1st 2021
The CFBF have amended their subscriptions levels for both Financial and Non-Financial organisations for the new subscription period 2021.
The CFBF has modified its subscription options and fees for large Non-Financial and Financial Organisation users with multiple sites in multiple countries.
In response to subscriber feedback, the Multi-site option previously available has been now converted to two following options;
– Country Subscription
– Global Subscription
These options allow our subscribers to determine the best solution that meets their needs. The new subscription categories will allow for access as follows:
– Single Site – Access at a single site with unlimited usage at that location
– Country – Access at an unlimited number of sites within a single designated country
– Global – Access at an unlimited global basis in numerous countries and sites
All other subscriptions remain unchanged for the 2021 year and while regulation continues to impact the costs of providing the PRIBOR benchmark, CFBF looks to optimise subscription fees to the benchmark as much as possible. It has been determined that the introduction of a Country Subscription will save costs to those institutions, which do not require global access.
There is no change to the usage rights for the various subscription types. That is, there are no additional fees or reporting requirements for specific usage types like display and non-display data.
The CFBF continues to evolve the PRIBOR benchmark and to meet BMR standards and industry best practice. The benchmark was authorised in 2018, and its authorisation can be found on the ESMA website
For further questions on the new subscription options, please contact the CFBF subscriptions team at subscriptions@cfbf.cz
Updated subscription charges applicable as of 1st January 2021
| Organisation Type | Subscription Type | Annual Costs |
|---|---|---|
| Financial Intermediary/Financial Service Provider | Single Site Subscription | €8000 |
| Country Subscription (Multi-Site, Single Country) | €13200 | |
| Global Subscription (Unlimited Sites, Unlimited Countries) | €16000 | |
| Non-Bank (Corporate) | Single Site Subscription | €2750 |
| Country Subscription (Multi-Site, Single Country) | €4400 | |
| Global Subscription (Unlimited Sites, Unlimited Countries) | €5500 |