European Fund and Asset Management Association

EU Legislative Interests

EC: EFAMA’S KEY MESSAGES ON THE OMNIBUS SIMPLIFICATION PACKAGE EC: EC CALL FOR EVIDENCE ON COMMUNICATION ON EUROPEAN SAVING AND INVESTMENTS UNION EC: EFAMA RESPONSE TO THE EUROPEAN COMMISSION’S CONSULTATION ON EU TAXONOMY DELEGATED ACTS EC: EFAMA POSITION PAPER: EUROPEAN COMMISSION’S OMNIBUS SIMPLIFICATION PACKAGE EC: EFAMA’S COMMENTS ON THE EUROPEAN COMMISSION’S RIS SIMPLIFICATION NON-PAPER EC: CALL FOR EVIDENCE INFORMING THE FUTURE APPLY AI STRATEGY EC: EUROPEAN COMMISSION’S CALL FOR STAKEHOLDERS' INPUT ON SAVINGS AND INVESTMENT ACCOUNTS TAX REGIMES EC: EUROPEAN COMMISSION TARGETED CONSULTATION ON INTEGRATION OF EU CAPITAL MARKETS – PART 1 EC: EFAMA REPLY TO TARGETED CONSULTATION ON OF EU CAPITAL MARKETS – PART 2 (HORIZONTAL BARRIERS TO TRADING AND POST‑TRADING INFRASTRUCTURES) EC: EFAMA’S RESPONSE TO EC CALL FOR EVIDENCE FOR AN INITIATIVE ON “RECOMMENDATION ON SAVINGS AND INVESTMENT ACCOUNTS” EC: EFAMA RESPONSE TO EUROPEAN COMMISSION TARGETED STAKEHOLDER CONSULTATION ON CLASSIFICATION OF AI SYSTEMS AS HIGH-RISK EFAMA POSITION PAPER: REPORTING FOR CLIENTS’ ASSETS UNDER CSRD EFAMA POSITION PAPER: OUTLINE OF A STRATEGY TO BOOST RETAIL PARTICIPATION IN CAPITAL MARKETS AND PROMOTE INVESTMENTS IN EU ASSETS EFAMA POSITION PAPER: EFAMA’S VIEWS ON THE UPCOMING LEVEL 1 REVIEW OF THE SUSTAINABLE FINANCE DISCLOSURE REGULATION (SDFR REVIEW) EFAMA: FURTHER REFLECTIONS ON THE SIU CONSULTATION ON TRADING AND POST-TRADING EFAMA: EFAMA RECOMMENDATIONS TO THE EUROPEAN COMMISSION (06/2025) - TOWARDS A STRATEGIC AND INCLUSIVE APPROACH TO FINANCIAL LITERACY IN THE EU ESMA: REVIEW OF RTS 22 ON TRANSACTION DATA REPORTING UNDER ART. 26 AND RTS 24 ON ORDER BOOK DATA TO BE MAINTAINED UNDER ART. 25 OF MIFIR ESMA: ESMA CONSULTATION PAPER ON CONDITIONS OF THE ACTIVE ACCOUNT REQUIREMENTS ESMA: DRAFT REGULATORY TECHNICAL STANDARDS ON OPEN-ENDED LOAN-ORIGINATING AIFS UNDER THE AIFMD, 8 JULY 2024 (CONSULTATION PAPER) ESMA: CONSULTATION PAPER ON THE REVISION OF THE DISCLOSURE FRAMEWORK FOR PRIVATE SECURITISATION UNDER ARTICLE 7 OF THE SECURITISATION REGULATION ESMA: CONSULTATION PAPER ON THE AMENDMENTS TO THE RTS ON SETTLEMENT DISCIPLINE ESMA: EFAMA’S COMMENTS ON THE ESMA FINAL REPORTS ON THE RTS1 AND GUIDELINES2 ON LIQUIDITY MANAGEMENT TOOLS (LMTS) ESMA: EFAMA RESPONSE TO ESMA CONSULTATION PAPER ON DRAFT TECHNICAL STANDARDS AMENDING REGULATION (EU) 149/2013 TO FURTHER DETAIL THE NEW EMIR CLEARING THRESHOLDS REGIME ESMA: CONSULTATION PAPER ON TECHNICAL STANDARDS UNDER THE REGULATION ON TRANSPARENCY AND INTEGRITY OF ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) RATING ACTIVITIES ESMA: EFAMA POSITION PAPER ON ESMA LISTING ACT FINAL REPORT ESMA: EFAMA RESPONSE TO ESMA’S CALL FOR EVIDENCE ON THE RETAIL INVESTOR JOURNEY: UNDERSTANDING RETAIL PARTICIPATION IN CAPITAL MARKETS ESMA: DISCUSSION PAPER ON THE INTEGRATED COLLECTION OF FUNDS’ DATA COUNCIL (trilogues): NON-PAPER ON FIDA (REDUCING COST AND ADMINISTRATIVE BURDEN BY A DEMAND-DRIVEN IMPLEMENTATION OF FDSS IN FIDA) EBA: CONSULTATION PAPER – PROPOSED REGULATORY TECHNICAL STANDARDS IN THE CONTEXT OF THE EBA’S RESPONSE TO THE EUROPEAN COMMISSION’S CALL FOR ADVICE ON NEW AMLA MANDATES INTL': EFAMA RESPONSE TO IOSCO’S CONSULTATION ON REVISED RECOMMENDATIONS AND GUIDANCE FOR LIQUIDITY RISK MANAGEMENT FOR COLLECTIVE INVESTMENT SCHEMES INTL': EFAMA RESPONSE TO THE FSB CONSULTATION ON LEVERAGE IN NON-BANK FINANCIAL INTERMEDIATION (NBFI) INTL': EFAMA FEEDBACK ON IOSCO’S REPORT: ARTIFICIAL INTELLIGENCE IN CAPITAL MARKETS INTL': EFAMA’S COMMENTS ON IESBA’S PUBLIC CONSULTATION ON AUDITORS' INDEPENDENCE IN COLLECTIVE INVESTMENT VEHICLES AND PENSION FUNDS AUDITS

Communication Activities

Publications: - Retail Investment Strategy: what to keep, what to remove and how to simplify moving forward - Investor Education brochure: Invest Early, Achieve Big - five questions on investing to build wealth over time - Financial Education Strategy: EFAMA recommendations to the EC: "Towards a strategic and inclusive approach to financial literacy in the EU - EFAMA AI System Assessment Tool - Tokenisation,a buyside practitioner's guide - Review of DLT PR and existing regulatory frameworks to support digital assets - Enabling DLT Payments and Investments: where UCITS and MiCA meet - Advancing EU capital markets: prioritizing key targets for the Savings and Investments Union - High-Level Roadmap to T+1 Securities Settlement in the EU - EMIR 3.0 Timing for implementation of certain Day 1 active account requirements (AAR) and recommendation to ESMA to issue an opinion or a no-action letter - Industry Perspective: The rise of active ETFs in Europe - Joint industry contribution to EFRAG's ESRS Set 1 simplification exercise - Infographic - new proposals expected from the European Commission in 2025 - Asset Management Report 2025 (and video) - Fact Book 2025 (and video) - Market Insights series aiming at analysing recent industry trends and developments based on the latest available data. Findings are presented in a succinct and visual way and put into a policy perspective (https://www.efama.org/index.php/publications/market-insights) Events: - European Retirement Week - Supporter of IOSCO’s World Investor Week - Global Money Week - Webinars on financial services industry specific topics (e.g. ELTIF, Consolidated Tape, PRIIPs, EMIR, Loan-Originating AIFs, Tokenisation, ETFs,...) - EFAMA Investment Management Forum

Interests Represented

Promotes their own interests or the collective interests of their members

Member Of

- European Parliamentary Financial Services Forum (EPFSF) - ESMA SMSG - ESMA Investment Management Standing Committee (IMSC) Consultative WG - ESMA Investor Protection Standing Committee (IPSC) - EIOPA Stakeholder Group - Financial Data Exchange Templates (FINDATEX) (founder member+ secretariat) - Affiliate Member of the International Organization of Securities Commissions (IOSCO) - EFRAG (Sustainability Reporting Pillar) - European Money Markets Institute (EMMI) - European Capital Markets Institute (ECMI), - International Capital Market Association (ICMA) /Alternative Investment Management Association (AIMA) (observer) - International Investment Funds Association (IIFA) - Federation of European and International Associations (FAIB)

Organisation Members

https://www.efama.org/index.php/about-us/our-members

Additional Information

EFAMA’s budget is based on membership fees. EFAMA has 29 member associations, 47 corporate members and 28 associate members. EFAMA’s annual calculations of costs attributable to activities covered by the Register have been made following the EC Guidelines with regards to the activities covered within the scope of the Register and the calculation of estimated annual costs of the activities of the Register (staff costs, office and admin expenses, in-house operational expenditure, representation costs, etc)