European Commission’s Omnibus initiative should also be used to make CSRD consistent with SFDR
European Commission’s Omnibus initiative should also be used to make CSRD consistent with SFDR
Today the European Securities and Markets Authorities (ESMA) hosted the T+1 Governance Launch Meeting to present the arrangements for driving the move to the reduction of default settlement cycles to T+1 for EU securities markets.
The new European Commission is under pressure to act quickly and decisively and are moving full steam ahead with their policy priorities in 2025.
We can expect numerous new regulatory proposals in areas of importance for asset managers, including simplification, boosting competitiveness, financial stability and a new Savings & Investment Union proposal.
The focus on competitiveness and regulatory simplicity is definitely a step in the right direction after many years of ballooning regulatory complexity.
EFAMA has published its latest Monthly Statistical Release for October 2024.
Thomas Tilley, Senior Economist at EFAMA, commented: “2024 is shaping up to be another record-breaking year for ETFs, with almost EUR 200 billion in net sales over the first ten months of the year.”
EFAMA has published today the latest edition of its Market Insights series, titled “The sectoral performance of active and passive UCITS - is a simple measure enough?”. This publication compares the net performance of different categories of equity UCITS funds over the last ten years (2014-2023).
EFAMA has published its latest International Quarterly Statistical Release for Q3 2024.
This article was first published in the 2024 Asset Management Report on 12 December 2024.
I am delighted to present the 16th edition of EFAMA’s Asset Management Report, which offers a comprehensive analysis of the current state and recent trends in the European asset management industry.
EFAMA has today published the 16th edition of its Asset Management in Europe report, which provides in-depth analysis of recent trends in the European asset management industry.
Key findings of the report include:
EFAMA considers the Sustainable Finance Disclosure Regulation (SFDR) and its accompanying technical standards essential pieces in a strong and ambitious framework for sustainable investing. Its feedback aims at improving the effectiveness and feasibility of the ESAs’ proposal, as well as strengthening this regulation’s synergies with existing and upcoming rules.
A holistic approach is recommended when establishing whether the use of leverage of AIFs poses leverage-related systemic risk and materially contributes to financial instability. Any regulatory policies on leverage need to be evidence-based and developed with empirical evidence showing the extent to which the use of leverage in AIFs contributes to the build-up of systemic risk. The Covid-19 pandemic is testament that no major dysfunction was reported in terms of use of leverage by AIFs.
As highlighted in President’s von der Leyen guidelines for the new Commission, the complexity and sophistication of the Union’s financial system has opened the door to new risks of money laundering and terrorist financing. The European Union needs to step up its regulatory framework and preventive architecture to ensure that no loopholes or weak links in the internal market allow criminals to use the EU to launder the proceeds of their illicit activities.

Discover the 6 reasons why your organisation should become a member of EFAMA.
Our members enjoy significant benefits including the opportunity to shape the industry positions, get first-hand access to regulatory and political intelligence, engage with industry peers and policymakers, and take part in EFAMA events.
Our three membership categories cater to the wide range of organisations that make up and support the investment management industry in Europe.