Statement: EFAMA welcomes trilogue agreement on Low Carbon Benchmarks

EFAMA welcomes the trilogue agreement to extend until end2021 the existing transitional period for critical and third country benchmarks. Such extension provides users of benchmarks in the EU the necessary additional time to transit to new risk-free rates and continue using indices from third country administrators in the current absence of third country regimes equivalent to EUs Benchmark Regulation.

For immediate release

EFAMA statement on ESMAs consultations on integrating sustainability risks and factors in the UCITS Directive, AIFMD and MiFID II

A high-level-principles-based approach is welcome, but it is essential to maintain a consistent approach among all consultations and legislative process addressing and defining sustainability risk