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 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.

Policy position

Associations Letter: Integration of sustainability factors and risks into MiFID II IDD and Solvency II

Distribution ＆ Client Disclosures

Management Companies

Sustainable Finance

27 July 2020

Associations Letter: Integration of sustainability factors and risks into MiFID II IDD and Solvency II

EFAMA publishes 2021 industry Fact Book - Report highlights key developments in the European fund industry in 2020

EFAMA has released its 2021 industry Fact Book.

The 2021 Fact Book provides an in-depth analysis of trends in the European fund industry, an extensive overview of the regulatory developments across 29 European countries and a wealth of data.

Press Release

Capital Markets Union

Competitiveness

International agenda

Management Companies

Sustainable Finance

14 June 2021

Naïm Abou-Jaoudé, CEO of CANDRIAM, elected new President of EFAMA - EFAMA appoints new Board of Directors

On the occasion of its annual meeting held on Friday 11 June, EFAMA’s General Meeting (GM) elected Naïm Abou-Jaoudé, CEO of CANDRIAM, as President for a two-year term, running until June 2023.

Publication

Capital Markets Union

Competitiveness

Distribution ＆ Client Disclosures

EU Fund regulation

International agenda

Investor Education

Management Companies

Pensions

Stewardship

Sustainable Finance

10 June 2021

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.

all news

Related publications

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

EU Fund regulation

Exchange-traded Funds

Management Companies

19 November 2020

Demystifying ETPs: an EFAMA guide for the European investor

Through its ETF Task Force, EFAMA has produced an Investor Education Guide intended to draw out, in a simple form, the defining features for the three main types of ETPs (Exchange-traded products) listed across European markets. The association hopes this guide will primarily assist investors in having a clearer understanding of different ETPs and help investors appreciate the differences between them, especially from a risk and product complexity viewpoint.

Publication