Past Projects / Short-Term European Paper (STEP)

The EFMLG has provided its support to the work of the ACI -The Financial Markets Association regarding Short-Term European Paper (STEP).

INFORMATION MEMORANDUM for Short-Term European Paper (STEP) (15 December 2003) [pdf, 205 Kb]

UP-DATE REPORT: the Money Market: Legal Aspects of Short-Term Securities (15 December 2003) [pdf, 77 Kb]

CONSULTATION REPORT: the Money Market: Legal Aspects of Short-Term Securities (2 September 2002) [pdf, 666 Kb]

More information concerning the project is available on the ACI website at www.aciforex.com, including the overall proposals and reommendations of the Euribor-ACI STEP Task Force.