EFAMA has been looking at legislative proposals with a direct impact on asset management companies and services, and closely follows any regulatory developments of critical importance to the sector. In addition to issues related to risk management and financial stability, high up on the agenda of EFAMA members is the framework for a prudential regime for Investment Firms (IFD/R), and related implementing measures directly descending from such framework.
EFAMA is focused on minimising the impact of the rules on asset management companies, in particular those holding a limited MiFID license. Key to the sector is the need for proportionality, especially firms that are not authorised to hold client money/securities, or to deal on their own account.
EFAMA responds to Commission consultation on digital operational (cyber) resilience in financial services
As players in a globalised and technologically-driven financial services industry, asset management companies face cyber-security risks on a daily basis. Cyber-attacks aim mainly at obtaining, or restricting access to, sensitive data, related to clients and/or to portfolio construction and composition, trading and risk management, among other asset management functions.
Naïm Abou-Jaoudé, CEO of CANDRIAM, elected new President of EFAMA - EFAMA appoints new Board of Directors
On the occasion of its annual meeting held on Friday 11 June, EFAMA’s General Meeting (GM) elected Naïm Abou-Jaoudé, CEO of CANDRIAM, as President for a two-year term, running until June 2023.
It gives me great pleasure to provide you with an overview of our activities since our Ordinary General Meeting of last year.
European Statistics Q1 2021 | European Investment Fund Industry 2021 Trends - Equity funds reach all-time high
EFAMA has today published its Investment Fund Industry Fact Sheet for the first quarter of 2021, including information on owners of investment funds in Europe and their net purchases of funds during the fourth quarter of 2020.
The main developments through the quarter are as follows: