EFAMA welcomes the opportunity to respond to the EC’s targeted consultation on the functioning of the ESG rating market in the EU and on the consideration of ESG factors in credit ratings. Please note that our response covers, at the same time, ESG ratings and ESG data providers, as the demand for ESG “raw” data has been increasing at a steady pace. The use of ESG data has also rapidly shifted from a narrow set of investment products to being prolific across all investment products.
Policy
Latest positions
Policy Topics
Distribution & Client Disclosures
Sustainable Finance
EU Taxonomy
Sustainability-related Disclosures (SFDR)
13 June 2022
EFAMA response to EC CfE ESG ratings and sustainability risks in credit ratings
Distribution & Client Disclosures
PRIIPs
31 May 2022
EC CfE ON RETAIL INVESTMENT – NEW PACKAGE OF MEASURES TO INCREASE CONSUMER PARTICIPATION IN CAPITAL MARKETS
EFAMA wholeheartedly supports a retail investment strategy that gives EU citizens the necessary tools and the confidence to put their savings to work by investing in capital markets.
Tax & Accounting
VAT
30 May 2022
EFAMA reply to EC Consultation on VAT in the digital age
Building on our reply to the consultation on the review of VAT rules for FS, EFAMA took the opportunity to re-engage with TAXUD to share a short statement on EC's Consultation on VAT in the digital age. The aim was to highlight the relevance for our industry of specific problems concerning the VAT treatment of services supplied via platforms within the Financial Services sector.
Capital Markets
MIFID
30 May 2022
Cross-Industry Consensus on EU Equity Consolidated Tape
EFAMA, AFME, BVI and Cboe Europe Agree Cross-Industry Consensus on EU Equity Consolidated Tape