Equity UCITS delivered a total net return of 108% in real terms in 2010-2019, whereas bank deposits lost 10% in net value
Policy Position
Capital Markets
CSDR
15 July 2021
Joint association letter on the CSDR Settlement Discipline implementation timeline
On 14 July 2021, sixteen trade associations, representing buy-side, sell-side and market infrastructures, wrote to ESMA and the European Commission regarding the timeline for implementation of the mandatory buy-in rules as part of the CSDR Settlement Discipline Regime.
The Joint Associations welcome the Report from the Commission on the CSDR Review published in July 2021 and fully support the Commission’s intention to consider amendments to the mandatory buy-in regime, subject to an impact assessment.
Publication
Capital Markets Union
Competitiveness
13 July 2021
Towards a deepening of the single market for asset management in the context of an ambitious Capital Markets Union
By Vincent Ingham
Director of Regulatory Policy, EFAMA.
Policy Position
Capital Markets
MIFID
MiFID/MiFIR
07 July 2021
Ensuring a market structure and a transparency regime which facilitate liquidity, investors’ choice, and funding of companies | Joint statement
Well-functioning and liquid capital markets are fostered by an efficient market structure and supporting legislative frameworks. A diverse and efficient market structure reduces the costs of trading whilst promoting best execution. This optimises funding opportunities for issuers and maximises returns for investors and savers.
Policy Position
Sustainable Finance
06 July 2021
EFAMA: EU´s Renewed Sustainable Finance Strategy must deliver transparent ESG ratings, double materiality in reporting, and a complete Taxonomy
EFAMA reacted to the Renewed Sustainable Finance Strategy published by the European Commission today.
Publication
Capital Markets
Benchmarks
06 July 2021
3 Questions to Jean-Louis Schirmann on the use of EURIBOR
Q #1 How was Euribor impacted by the adoption of the Benchmark Regulation (BMR) and what are the relevant features of the reformed Euribor for investment managers?
Press Release
Capital Markets
CSDR
02 July 2021
EFAMA urges changes to MBI implementation timetable
Following the publication of the European Commission report confirming the settlement discipline regime will be reviewed, Susan Yavari, Regulatory Affairs Adviser at EFAMA, commented:
Publication
Competitiveness
Data
EU Fund regulation
Exchange-traded Funds
Money Market Funds
UCITS
Management Companies
AIFMD
Statistics
Sustainable Finance
01 July 2021
EFAMA publishes 2021 industry Fact Book - Report highlights key developments in the European fund industry in 2020
EFAMA has released its 2021 industry Fact Book.
The 2021 Fact Book provides an in-depth analysis of trends in the European fund industry, an extensive overview of the regulatory developments across 29 European countries and a wealth of data.
Policy Position
EU Fund regulation
Money Market Funds
01 July 2021
EFAMA: No need for fundamental reform of EU Money Market Funds Regulation
The European Fund and Asset Management Association (EFAMA) has today published its response to the ESMA consultation on the legislative review of the EU Money Market Fund Regulation (MMFR).
Publication
Capital Markets
Benchmarks
30 June 2021
3 Questions to Christophe Binet on LIBOR Transition
Q #1 When will LIBOR phase out and which rates will be replacing it?
Announcement
25 June 2021
Vacancy: Regulatory Policy Adviser | Apply now!
EFAMA is looking for a Regulatory Policy Advisor to reinforce its regulatory team.
Role: Regulatory Policy Advisor (Distribution, Investor Protection and Client Disclosures)
Place of work: Brussels
Basis: full-time, unlimited period
Starting date: as soon as possible
Deadline for sending applications: 23 July 2021
For full description of the role and application details, please refer to attached file.
Publication
Capital Markets Union
Competitiveness
EU Fund regulation
23 June 2021
3 questions to Miranda Seath on the European fund classification
Q #1 What is the European Fund Classification (EFC) and why is it different from other classifications?
The mission at the heart of our work on the European Fund Classification scheme is to help investors, and the wider European funds industry, to find and compare similar fund peer groups in a meaningful way. This mission is particularly relevant in an era of rising cross-border fund sales because the EFC enables investors and their advisers to compare funds across different European jurisdictions consistently.
