Management Companies

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.

Related policy positions

Policy position

EFAMA's response to the EC's consultation on the review of AIFMD

EU Fund regulation

Management Companies

AIFMD

29 January 2021

EFAMA's response to the EC's consultation on the review of AIFMD

The AIFMD is one of the pillars of EU regulation for investment funds, which will be crucial to the development of the Capital Markets Union (CMU) and the post Covid-19 economic recovery in the European Union.

Policy position

EFAMA response to EBA's CPs on implementation measures of new regulatory framework for Investment Firms

Management Companies

04 September 2020

EFAMA responds to EBA CPs on implementation measures of new regulatory framework for Investment Firms

In light of the current COVID-19 circumstances and the already existing ambitious time table for the implementation, EFAMA calls for the EBA to carefully consider these circumstances and request the EC to postpone the date for the application of the IFD/IFR framework (26 June 2021) and the time table of the level 2 measures (such as the deadline of 26 December 2020 for providing drafted RTS and ITS).

Policy position

EFAMA Reply to consultation for an EC Action Plan to prevent money laundering and terrorist financing

Management Companies

Anti-Money Laundering

26 August 2020

EFAMA Reply to consultation for an EC Action Plan to prevent money laundering and terrorist financing

As highlighted in President’s von der Leyen guidelines for the new Commission, the complexity and sophistication of the Union’s financial system has opened the door to new risks of money laundering and terrorist financing. The European Union needs to step up its regulatory framework and preventive architecture to ensure that no loopholes or weak links in the internal market allow criminals to use the EU to launder the proceeds of their illicit activities.

EFAMA Annual Review 2020-2021

It gives me great pleasure to provide you with an overview of our activities since our Ordinary General Meeting of last year.

Press Release

EU Fund regulation

UCITS

Management Companies

AIFMD

Statistics

02 June 2021

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:

Announcement

EU Fund regulation

UCITS

Management Companies

AIFMD

Statistics

31 May 2021

Pre-order your copy of the 2021 Fact Book!

EFAMA’s 2021 Fact Book, “Trends in European Investment Funds”, will be published at the end of June.

As in previous years, this year’s Fact Book provides an extensive analysis of key developments in the investment fund industry, inside and outside Europe.