The newly formed Czech Financial Benchmark Facility (CFBF) is responsible for the governance of the PRIBOR benchmark from the 24th July 2017.

This role was previously the responsibility of ACI CZ with assistance from the Czech Bankers Association and other industry stakeholders.

This development was in response to new European Benchmark regulation due to come into effect in 2018, where new standards of governance are required to combat against real or perceived conflicts of interest and benchmark manipulation.