Today, EFAMA has published its latest Monthly Statistical Release for May 2025.
Today, EFAMA has published its latest Monthly Statistical Release for May 2025.
A lighter onboarding process, decision-useful disclosures and effective use of digital tools will be key to success, says EFAMA.
EFAMA welcomes the European Commission’s Call for Evidence on Supplementary Pensions and supports the Savings and Investments Union’s goals to develop supplementary pensions and to provide savers with adequate retirement investment opportunities.
Factors like ease of access and tax incentives are key to success
Free to use, industry-developed project succeeds at creating representative fund peer groups with full transparency and broad market coverage
Towards a Strategic and Inclusive Approach to Financial Literacy in the EU
Improving financial literacy is a shared responsibility and a key enabler of individual financial wellbeing, social inclusion, and economic resilience. As the financial landscape becomes increasingly complex and digitalised, equipping citizens with the knowledge, skills, and confidence to make sound financial decisions is more important than ever. This imperative is recognised in the European Savings and Investments Union (SIU) communication.
EFAMA fully supports the Commission’s initiatives to fight tax avoidance and aggressive tax planning. The work of the technical teams that acknowledged our industry’s special requirements and the proposal of carve-out rules to protect investment structures and end-investors are, to a certain extent, to be welcomed.
EFAMA appreciates the opportunity to share our views on the European Commission’s consultation on enhancements to the suitability and appropriateness assessments forming part of the wider, upcoming Retail Investment Strategy.
EFAMA welcomes the decision of the European Commission to adopt a targeted approach in its review of the Alternative Investment Fund Management Directive (AIFMD), along with key harmonising provisions within the Undertakings for Collective Investment in Transferrable Securities Directive (UCITSD). This focus on targeted improvements recognises the role this framework has played in encouraging the growth in the European Alternative Investment Fund (AIF) market over the past decade and its resilience even throughout recent market stresses.
EFAMA strongly supports the Commission's draft proposal amending the ELTIF Regulation where it addresses some of the major obstacles that have undermined the attractiveness of the ELTIF product since inception. The revised legal framework has the potential to transform ELTIF into a product of choice for a larger (retail) investor audience, all while serving the purposes of the Capital Markets Union (CMU). However, some important adjustments remain to be made for the ELTIF regime to reach its full potential as a competitive long-term investment option.
The European Commission’s proposal on MiFIR establishes the blueprint for a consolidated tape (CT) for Europe’s capital markets. It also significantly alters the competitive market structure brought about by MiFID II by introducing greater transparency requirements. Finally, it addresses important issues around market data costs.
EFAMA replied to IASB’s request for information on the Post-Implementation Review (PIR) of IFRS 9 – Classification and measurement. Our paper recaps EFAMA’s key concerns and recommendations to the IASB. The key concerns of the industry are the removal of recycling (in particular for institutional investors) and the classification of investment entities and investment funds as debt instruments.

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.