To remain competitive and at the forefront of innovation, Europe must be open to cross-border flows of knowledge, ideas, capital and investment. The benefit in doing so ultimately accrues to European citizens and businesses.

Europe rightly strives for high regulatory standards. That said, EFAMA strongly believes our rules need to be well calibrated, so Europe can partake in global competition on a level playing field. Our policy work consistently advocates for a dynamic regulatory environment, which enables European financial markets to remain globally competitive.