Distribution & Client Disclosures
EFAMA monitors issues surrounding fund distribution and disclosures to investors. These include investor protection and disclosure issues arising from the evolving PRIIPs and MiFID frameworks, the shift towards digital distribution tools, and the continued integration of ESG considerations into fund products.
EFAMA response to ESMA's CP on MiFIR report on Systematic Internalisers in non-equity instruments
EFAMA Reply: ESMA CP on review report MiFIR transparency regime for equity, ETFs & other related instruments
Joint Statement on Market Data Costs
Reasonable Market Data Costs Benefits the Real Economy
The fundamental function of a trading venue is to match buyers and sellers of securities at a price that balances supply and demand through transparent rules and processes. The sale of market data is a related but separate by-product of that primary function.
EFAMA welcomes the vote of the European Parliament's ECON amending proposal on cross-border distribution of funds
The Committees vote confirmed important amendments to the Commissions original proposal, i.e. extending the premarketing definition to established EU AIFs and removing the numerical thresholds conditioning the de-notification of funds from host jurisdictions.