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.
EFAMA feedback on TEG's interim report on EU climate transition benchmarks (EU CTBs) & EU Paris aligned benchmarks (EU PABs)
EFAMA's reply ESMA’s CP on Guidelines for reporting under Articles 4 & 12 SFTR
EFAMA's reply to BCBS Consultative Document on Revisions to Leverage Ratio Disclosure Requirements
EC Targeted consultation on the functioning of the EU securitisation framework
The EU Securitisation Regulation, which aimed to enhance transparency and strengthen trust, is undergoing a very timely review. EFAMA supports the European Commission’s initiative to engage stakeholders in shaping key improvements to this critical framework.
Robust governance needed for future consolidated tape providers
ESMA technical standards move one step closer to consolidated tape launch.
ESMA recently closed the consultation for regulatory technical standards that will define the competitive selection process for the consolidated tape, as well as the technical abilities that applicants will be assessed on. In its response for the buy-side, EFAMA stressed that a robust governance framework for the operators of the tapes is critical.
Households continue to keep a disproportionate amount of money in bank deposits in most European countries
New report calls for action to be taken to revive the Capital Markets Union project