- Save articleNews
EFAMA calls for consistency in response to ESAs SFDR consultation
The association ‘fails to see’ the added value of expanding disclosures on the ‘do no significant harm’ assessment of sustainable investments
- Save articleNews
EFAMA, Pensioenfederatie slam regulators’ ‘one size fits all approach’ to DORA
The Digital Operational Resilience Act (DORA) lacks proportionality as it proposes the same strict rules on digital safety on all financial institutions, according to the two organisations
- Save articleNews
People moves: EFAMA elects BNP Paribas AM CEO as new president
Hymans Robertson, La Française, Rothesay, EFAMA, Clara-Pensions, PineBridge, ICG, Vidett, Storebrand, Industriens, AMF
- Save articleNews
Greenwashing needs to be understood to address misleading practices, says EFAMA
‘Intentionally misleading behaviour relating to sustainable investments should not be tolerated,’ says Anyve Arakelijan, EFAMA’s regulatory policy adviser
- Save articleNews
European roundup: Consolidated tape could attract capital into smaller markets, says EFAMA
Plus: PEPP platform launched by UK technology provider
- Save articleNews
Finance groups call for delay of SFDR technical changes given broader review
Efama, together with banking and insurance associations, pleads for coordination between RTS adoption and overarching review of SFDR
- Save articleNews
EFAMA: EU consolidated tape urgent, but scrap the revenue targets
The tape should operate as a revenue participation scheme based on cost of production, says lobby group
- Save articleNews
EFAMA highlights uneven SFDR-based funds coverage in Europe
Trade body collected data on Article 8 and Article 9 funds for the first time
- Save articleNews
Dutch pension funds’ move to segregated mandates knock alternative funds
EFAMA sees gradual shift towards ETFs and index funds
- Save articleNews
BVI slams ESMA’s draft guidelines on ESG, sustainability labels
EFAMA highlights concerns about proposed numerical threshold approach
- Save articleNews
‘Gamechanger’ potential in proposed EU ESG reporting standards – Efama
Asset manager group says standards could ‘unleash impact of sustainable finance’
- Save articleNews
EU single market report drafts road map for Savings and Investments Union
Report written by former Italian prime minister Enrico Letta recommends changes to unlock €33trn of private savings
- Save articleNews
Pension fund money makes up smaller slice of asset managers’ AUM
European asset managers seen tending €29trn in 2023 after stronger markets this year
- Save articleNews
New European regulation for ESG ratings hailed as ‘quality booster’
The new regulation for ESG rating providers, approved by European Parliament last week, is expected to improve transparency and comparability of ESG ratings
- Save articleNews
PensionsEurope, Efama positive on Green Deal, but ESG data still an issue
European Commission’s new growth strategy goes beyond financial sector in drive to deliver on climate change goals
- Save articleNews
People moves: Former Amundi CIO joins Abu Dhabi Investment Authority
ABN Amro, ADIA, AMF, AXA IM, DWS, Downing, EFAMA, FIN-FSA, IFoA, LifeSight, MFS, Natixis, UKSIF, WTW, Schroders
- Save articleFeatures
Open-ended investment funds face up to the shadow banking dragnet
The debate over the systemic risk of non-bank financial institutions (NBFIs) – sometimes called shadow banks – is a recurrent theme but it has recently moved to the forefront thanks to tighter monetary policies, geopolitical risks and factors such as the UK’s LDI crisis. While regulators are assessing the threats posed, most market participants believe changes will not happen for years. For some, there are fears that largely unleveraged segments like open-ended investment funds could be unfairly targeted
- Save articleNews
People moves: Church Commissioners, EFAMA
Church Commissioners, EFAMA, M&G, PFZW, PME, Delta Lloyd, Complementa, VIA, Fulcrum, Intertrust
- Save articleNews
EFAMA adopts stewardship code to align with EU laws
Plus: SSGA reports Germany ‘weakest for corporate board accountability’
- Save articleNews
European trade associations slam active account requirement
Further efforts should focus on streamlining the supervisory framework for EU central counterparties across member states