This article has been published on the EFAMA blog.
This article has been published on the EFAMA blog.
The European Fund and Asset Management Association (EFAMA) has released today a new issue of its Market Insights series titled “Ma
Today, EFAMA has published its latest Monthly Statistical Release for November 2025.
Last year saw the launch of the Savings and Investment Union Strategy (SIU), with big ambitions for simplifying EU regulation and improving competitiveness. This came with many significant legislative proposals. Now, 2026 will be the year of political negotiations on all these far-reaching proposals.
Today, EFAMA has published its latest Monthly Statistical Release for October 2025.
Industry trade association supporting asset managers with AI Act compliance
The FCA’s recent report on the wholesale data market is an important and high-quality study which echoes many long-standing buy-side concerns. It finds evidence of unequal market power in terms of market concentration, highly profitable margins, opaque pricing practices, excessive charging, bundling practices and complex licensing agreements, all of which negatively impact data users. Much of this data is indispensable for users to stay in business and fulfil regulatory obligations.
EFAMA’s publication lays out the asset management sector’s policy priorities for the next five years, building on the in-depth expertise of our members. This includes practical recommendations for keeping Europe competitive and developing deeper, more integrated and liquid capital markets in Europe.
The recommendations focus around four main objectives:
How to avoid a new Herstatt crisis?
It has been a while since Herstatt risk has been referenced in financial circles and certainly in the mainstream media, however, it is something that the European fund management industry is concerned about as the deadline for shortening the US settlement cycle draws near.
EFAMA has published its response to the UK FCA’s consultation paper (CP23/28) on updating its regime for Money Market Funds (MMFs). While fundamentally agreeing on the need to definitely remove the existing link between liquidity breaches and the potential activation of LMTs for stable NAV MMFs, we express significant reservations with the proposed enhancements to the existing liquidity ratios across all types of MMF structures.

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