KBC Bank has been added to the Euribor panel by the European Money Markets Institute. Both ESMA and the FSMA have welcomed this inclusion. They view it as a positive step that enhances the strength and dependability of the Euribor benchmark. ESMA's Chair highlighted that KBC's participation shows financial institutions' commitment to Euribor's accuracy. She also noted this demonstrates continued market confidence in the benchmark. The FSMA's Chairman emphasized the importance of Euribor's representativeness for supervision. He also praised the ongoing collaboration between FSMA and ESMA within the Euribor supervisory framework. ESMA oversees EMMI, the administrator of Euribor, under the Benchmarks Regulation. National Competent Authorities, like the FSMA, supervise the banks contributing to Euribor. The FSMA will supervise KBC Bank's contribution to Euribor under the BMR. ESMA and the NCAs cooperate closely on Euribor matters, forming the Euribor College of Supervisors.