This article has been published in Responsible Investor
This article has been published in Responsible Investor
EFAMA warns that now is not the time to introduce additional obstacles to the sale of investment funds, both domestically and internationally.
EFAMA warns against the negative impact of large-scale changes to the Shareholder Rights Directive
Following yesterday’s vote by the European Parliament’s ECON Committee on the EU Securitisation Regulation (SECR) review, EFAMA expresses concern that aspects of the current text lack sufficient ambition to truly prioritise European investors and support Savings and Investment Union (SIU) objectives.
Today, EFAMA has published its latest Monthly Statistical Release for February 2026.
In its response to IOSCO’s consultation on the revised recommendations for liquidity risk management for collective investment schemes, EFAMA welcomes the fact that IOSCO recognises aspects essential for proper risk management (e.g., asset managers’ primary responsibility and the absence of one-size-fits-all approaches).
EFAMA has submitted its response to ESMA’s consultation on the Active Account Requirements (AAR). Our industry stands ready to implement the AAR by June 2025... However, we have strong reservations about the heavy and redundant reporting requirements.
In its response to the Commission’s consultation on assessing the adequacy of macroprudential policies for NBFI, EFAMA stresses that Europe needs more holistic and rigorous analyses to determine where financial stability risks lie. Unfortunately, even though investment funds have proven resilient in recent years despite frequent market disruptions, the consultation focuses on the asset management industry.
EFAMA, EBF, AIMA, FIA and ISDA (the ‘Associations’) welcome the co-legislators' political agreement on EMIR 3.0, which was endorsed by the Council and European Parliament on 14 February and 4 March 2024, respectively.

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