Press Release
EMIR
02 February 2023
Publication
ELTIF
31 January 2023
ELTIF 2.0 - European Long-Term Investment Funds
In the 9th issue of our “3 Questions 2” (3Q2) series, we spoke with Stuart Corrigall, Chair of the EFAMA Fund Regulation Standing Committee and Managing Director at BlackRock, on ELTIF 2.0.
He answers the following questions:
1: What is an ELTIF, and why did the current ELTIF regime need to be revised?
2: What are the major changes the review process introduced?
3: In light of those changes, is ELTIF 2.0 going to be successful?
Press Release
Statistics
23 January 2023
Rebound in demand for long-term UCITS amidst renewed investor optimism
EFAMA has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS and AIFs for November 2022, at European level and by country of fund domiciliation.
Press Release
17 January 2023
MiFIDII/MiFIR review will be key to the future success and competitiveness of the EU’s capital markets
The ongoing review of MiFIDII/MiFIR is an important moment for the future success of the Capital Markets Union project. The European Council adopted their position at the end of last year and the European Parliament is currently debating these future rules, with the expectation of a draft report by the end of the month.
Policy Position
17 January 2023
MiFIDII/ MiFIR review - EFAMA-BVI-EFSA-NSA priorities
The MiFID/MiFIR review will be key to the future success and competitiveness of the EU's capital markets.
With international competition for investment heating up markedly, European legislators need to ensure that EU regulation is helping, and not hindering, capital market growth and participation.
Various European trade associations representing EU capital markets, including EFAMA, BVI, EFSA and NSA, have published a letter outlining their main priorities for the review. This includes the following core elements:
Press Release
Sustainable Finance
16 January 2023
ESAs work on greenwashing should note the difference between misleading with intent and regulatory uncertainty
In an environment with unclear definitions at EU level on key sustainable finance concepts, as well as a lack of complete, comparable and transparent ESG data, all market actors are concerned about the risk of greenwashing.
Policy Position
Sustainable Finance
16 January 2023
EFAMA responds to ESMA's Call for Evidence on Greenwashing
In an environment with unclear definitions at EU level on key sustainable finance concepts, as well as a lack of complete, comparable and transparent ESG data, all market actors are concerned about the risk of greenwashing.
Press Release
Statistics
22 December 2022
Record net inflows into Sterling money market funds in October
EFAMA has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS and AIFs for October 2022, at European level and by country of fund domiciliation.
Policy Position
MIFID
21 December 2022
EFAMA commends the efforts of the Czech Presidency and Member States in reaching an agreement on the review of MiFIR/MiFID
EFAMA commends the efforts of the Czech Presidency and Member States in reaching an agreement on the review of MiFIR/MiFID. EFAMA members welcome the Council position which unequivocally comes down on the side of competitive, globally attractive markets, driven by diversity and innovation and the right tools and infrastructures to support the retail investor.
Policy Position
Distribution ＆ Client Disclosures
Retail Investment
16 December 2022
Joint Industry letter on the importance of advice and preserving the commission-based model
EFAMA, together with EBF, Insurance Europe, EACB, EAPB, ESBG and EUSIPA, issued a public letter addressed to Vice-President Dombrovskis, Commissioners McGuinness and Director-General Berrigan, remarking the importance of advice for European retail investors and the need to maintain the coexistence of fee-based and commission-based advice.
Press Release
Statistics
14 December 2022
Net outflows from worldwide funds slowed down in Q3 2022
EFAMA has today published its International Quarterly Statistical Release regarding the developments in the worldwide investment fund industry during the third quarter of 2022.
Publication
Statistics
Sustainable Finance
14 December 2022
EFAMA Asset Management Report 2022
EFAMA's latest edition of its 'Asset Management in Europe' report provides an in-depth analysis of recent trends, focusing on where investments funds and discretionary mandates are managed in Europe.
The asset management sector is a crucial one for the European economy, with a key role to play in financing the green transition:
