M&G Investments Europe’s CEO, Micaela Forelli, to become Vice-President
M&G Investments Europe’s CEO, Micaela Forelli, to become Vice-President
The Annual Review highlights EFAMA’s key achievements over the past 12 months and provides a useful overview of the main topics we cover.
EFAMA publishes Buyside Practitioner’s Guide to Tokenisation
Today, EFAMA has published its latest International Quarterly Statistical Release for Q1 2025.
This article was first published in Delano on 11 June 2025.
As investment strategies adapt to meet new fund naming rules and evolving expectations around sustainability, product clarity is more essential than ever, writes Anyve Arakelijan in this guest contribution.
EFAMA publishes recommendations for capital market integration
This memo covers investments in collective investment vehicles (CIV) in contractual, trust, or corporate form (simply referred as funds) from corporate and institutional investors acting on their own account (e.g. banks, life insurers, industry companies, etc.) and the accounting treatment of such investments under the upcoming IRFS 9 rules. While IFRS 9 contains many positive evolutions, many of our members have been warned by their client investors that IFRS 9 would change their attitude towards investing in funds.
EFAMA is grateful for the opportunity to comment on the OECD Public Discussion Draft related to concerns received by the OECD on previous discussion drafts related to the Report on Action 6, as to how the new provisions included in the Report on Action 6 could affect the treaty-entitlement of nonCIVs. We agree with the aim of the discussion draft to clarify any concerns in relation to the discussion concerning the treaty entitlement of CIVs / Non-CIVs.
EFAMA is grateful for the opportunity to contribute to the drafting of the Regulation through a consultation and we appreciate the effort of the regulator to adopt an approach to reporting consistent with EMIR and to develop, where more efficient, a different reporting logic.
EFAMA welcomes EIOPA’s consultation and the opportunity to share our views on EIOPA’s recommendations to develop an EU single market for personal pensions.
EFAMA supports the conclusions of EIOPA’s impact assessment:
• The standardization of key elements of a PEPP - as proposed by EIOPA in its advice - with space to accommodate the specificities of Member States, is the best policy option.
• It would be difficult to achieve full standardization via harmonization because this would require bringing all national regulations on PPPs to one level.

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