As the voice of European asset management industry, EFAMA strongly welcomes the development of
the EU Taxonomy and its technical screening criteria. We see the Taxonomy as a critical tool to
unleashing the potential of sustainable finance in Europe by assisting issuers, project promoters,
companies, investors, and other financial market participants in identifying truly sustainable economic
activities. We wish to put forward recommendations that aim to improve the usability and integrity of this
framework.
Policy
Latest positions
Policy Topics
Sustainable Finance
18 December 2020
EFAMA feedback on draft Delegated Act of Taxonomy Regulation for climate change mitigation and adaptation
Tax & Accounting
14 December 2020
EFAMA Comments OECD Reports on Pillars One and Two Blueprints
The fund and asset management industry is a highly regulated industry operating under significant and specific legal, regulatory, transfer pricing and tax frameworks.
Pillar 1: Investment funds are structured as tax neutral investment pooling vehicles as a matter of
public policy.
Pillar 2: The role that investment funds play in providing investors with a diversified portfolio and global market access is essential.
Sustainable Finance
Ecolabel
11 December 2020
EFAMA reply to JRC CP on 3rd technical report: Development of EU Ecolabel Criteria for Retail Financial Products
EFAMA contributed to the ad-hoc working group for the development of the EU Ecolabel for retail financial products. EFAMA believes the third technical report strikes a better balance between the strictness of criteria and a sufficiently large pool of investment opportunities, and presents its further recommendations in its response to the JRC CP.
Sustainable Finance
EU Taxonomy
04 December 2020
Article 8 of the Taxonomy Regulation - EFAMA reply to ESMA CP on draft advice to EU Commission
In its support of the development and implementation of the Taxonomy Regulation, EFAMA believes that reporting on the level of alignment with the Taxonomy by non-financial and financial undertakings is essential to strengthening market integrity around sustainability issues.