EFAMA replied to a specific question on moving to stage 3 for the determination of the liquidity assessment of bonds.
Capital markets
Investment managers, acting on behalf of their retail and institutional clients, are among the largest investors in financial markets. They represent a key component of the market’s “buy-side” segment.
In representing the interests of its members on wholesale capital market issues, EFAMA advocates for fair, deep, liquid, and transparent capital markets, supported by properly regulated and supervised market infrastructure.
Related policy positions
Policy position
Capital Markets
MIFID
Distribution ＆ Client Disclosures
11 June 2021
MiFID: EFAMA replies to ESMA consultation on RTS 2 Annual Review
Policy position
Capital Markets
MIFID
Distribution ＆ Client Disclosures
29 April 2021
ESMA consults on guidelines of the MIFID II appropriateness and execution-only requirements
EFAMA agrees in principle with many of ESMA’s suggested approaches in their consultation on guidelines on certain aspects of the MIFID II appropriateness and execution-only requirements. However, certain, essential elements still require further considerations before finalising these Guidelines.
Policy Position
Capital Markets
CSDR
12 March 2021
Joint trade association letter regarding Implementation of CSDR SDR
On 11 March 2021, EFAMA and 14 trade associations representing a wide range of stakeholders in the European and global financial markets wrote to the European Commission and ESMA raising concerns about the implementation of the mandatory buy-in requirement under the EU’s CSDR Settlement Discipline Regime.
Related news
Press Release
Capital Markets
CSDR
02 July 2021
EFAMA urges changes to MBI implementation timetable
Following the publication of the European Commission report confirming the settlement discipline regime will be reviewed, Susan Yavari, Regulatory Affairs Adviser at EFAMA, commented:
Publication
Capital Markets
Benchmarks
30 June 2021
3 Questions to Christophe Binet on LIBOR Transition
Q #1 When will LIBOR phase out and which rates will be replacing it?
The London Interbank Offered Rate, also known as LIBOR®, is a widely-used index for short-term interest rates that is commonly found in
Policy Position
Capital Markets
Data
14 June 2021
Joint statement by EFAMA and EFSA on Consolidated Tape and market data costs
The appropriate construction, and conditions for the usage, of a Consolidated Tape
Related publications
Publication
Capital Markets
CSDR
05 March 2021
3 questions to Agathi Pafili on CSDR
Q #1 What is the CSDR’s Settlement Discipline Regime (SDR) and what does it seek to achieve?
Publication
Capital Markets
Data
EU Fund regulation
Management Companies
AIFMD
Tax ＆ Accounting
26 November 2020
Asset Management in Europe - An Overview of the Asset Management Industry - November 2020
The report aims to provide a unique and comprehensive set of facts and figures on the state of the industry at the end of 2018 but also to highlight the fundamental role of asset managers in the financial system and wider economy.
Publication
Capital Markets
Capital Markets Union
Competitiveness
Data
Distribution ＆ Client Disclosures
EU Fund regulation
International agenda
Management Companies
Pensions
Stewardship
Supervision
Sustainable Finance
Tax ＆ Accounting
11 June 2020
Annual Review June 2019-June 2020
"It gives me great pleasure to provide you with an overview of our activities since our Annual General Meeting in Paris last year. While we were very much looking forward to hosting you all in Brussels this week, the current crisis and associated travel restrictions has forced us to improvise and turn our meeting into a virtual AGM.
Contact
Deputy Director, Capital Markets and Digital
