Overview
Lobbying Costs
2,250,000€ - 2,499,999€
Financial year: Jan 2021 - Dec 2021
Lobbyists (Full time equivalent)
13.2 Fte (22)
Lobbyists with EP accreditation
9
High-level Commission meetings
15
Lobbying Costs over the years
-
Info
European Fund and Asset Management Association (EFAMA)
EU Transparency Register
3373670692-24 First registered on 28 Nov 2008
Goals / Remit
EFAMA is the representative association for the European fund and asset management industry. Its mission is to promote the role of its industry and its contribution to society. It provides an effective voice for the industry by providing evidence-based submissions and developing open and transparent relationships with key stakeholders.
We advocate for a regulatory environment that supports our industry’s crucial role in steering capital towards investments for a sustainable future and providing long-term value for investors. Specifically our purpose is:
- to promote optimal conditions for the European fund and asset management industry in its efforts to create value for investors;
- to influence and support the ongoing development of the regulatory environment including the European Single Market;
- to promote the interests of its Members among stakeholders;
- to build confidence and trust in the industry;
- to promote scientific research concerning the industry.Main EU files targeted
• Capital markets & Capital Markets Union (CMU):
Benchmarks
Central Securities Depositories Regulation (CSDR Review)
Industry joint letter(s) on Mandatory Buy-in provisions Mandatory Buy-In provisions under CSDR
European Market Infrastructures regulation (EMIR)
Markets in Financial Instruments Directive (MiFID II / MiFIR)
Securities Financing Transactions Regulation (SFTR)
The role of Consolidated Tape
UK CCP equivalence
• Distribution:
MiFID
Packaged Retail Investment and Insurance Products (PRIIPS)
UCITS KIID
Investment advice (incl. robo-advice),
Inducements
• Sustainable Finance:
EU Taxonomy
SFDR RTS
ESG amendments to MiFID/ IDD delegated acts
ESG ratings and data providers
• Fund Regulation:
Exchange Traded Funds (ETFs)
European Long-Term Investment Funds (ELTIFs)
Money Market Funds
UCITS
• Management Companies:
AIFMD
Anti-Money Laundering (AML)
Financial Stability
• Operational resilience
Cybersecurity
Digital Operational Resilience Act (DORA)
European Single Access Point (ESAP)
• Pensions
Pan-European Personal Pension Product (PEPP)
active partner of the European Retirement Week
IORP Directive
• Taxation & Accounting
Withholding tax
Blockchain for taxes, OECD Trace, CIVS Treaty entitlement
Direct taxation/VAT/Transaction Taxes
Tax transparency & reporting
OECD BEPS projects
FTT
Accounting rules & standards (IFRS/GAAP)
• International agenda:
IOSCO : eg :
Response to “Recommendations on sustainability-related practices, policies, procedures and disclosure in asset management”
Joint response with ICMA/AMIC on fund liquidity management by open-ended funds
Non-Bank Financial Institutions (NBFI) /
Dodd-Frank
FATCAAddress
Head Office
rue Marie-Therese, 11
Brussels 1000
BELGIUMEU Office
rue Marie-Therese, 11
Brussels 1000
BELGIUMWebsite
-
People
Total lobbyists declared
22
Employment time Lobbyists 100% 4 75% 8 50% 4 25% 4 10% 2 Lobbyists (Full time equivalent)
13.2
Lobbyists with EP accreditation
All Lobbyists with EP accreditation over time
9 accreditations were / are live (in bold) for the selected state of 13 May 2022
Name Start date End Date Gwen LEHANE 03 Feb 2024 31 Jan 2025 Zuzanna BOGUSZ 04 May 2023 04 May 2024 Hayley MCEWEN 23 Jan 2024 17 Jan 2025 Kimon ARGYROPOULOS 03 Feb 2024 31 Jan 2025 Marin CAPELLE 23 Jan 2024 17 Jan 2025 Chiara CHIODO 30 Aug 2023 29 Aug 2024 Anyve ARAKELIJAN 30 Aug 2023 28 Aug 2024 Susan YAVARI 03 Feb 2024 31 Jan 2025 Tanguy VAN DE WERVE DE SCHILDE 23 Jan 2024 17 Jan 2025 Antonio PIRES DA FONSECA FRADE CORREIA 23 Jan 2024 17 Jan 2025 Federico CUPELLI 23 Jan 2024 17 Jan 2025 Bernard DELBECQUE 23 Jan 2024 17 Jan 2025 Vincent INGHAM 23 Jan 2024 17 Jan 2025 Carolina DE GIORGI 30 Aug 2023 23 Nov 2023 Hayley MCEWEN 19 Jan 2023 19 Jan 2024 Susan YAVARI 19 Jan 2023 19 Jan 2024 Bernard DELBECQUE 19 Jan 2023 19 Jan 2024 Vincent INGHAM 19 Jan 2023 19 Jan 2024 Marin CAPELLE 14 Jan 2023 13 Jan 2024 Gwen LEHANE 14 Jan 2023 24 Feb 2023 Ms Elona MORINA 14 Jan 2023 13 Jan 2024 Tanguy VAN DE WERVE DE SCHILDE 14 Jan 2023 13 Jan 2024 Antonio PIRES DA FONSECA FRADE CORREIA 14 Jan 2023 13 Jan 2024 Federico CUPELLI 14 Jan 2023 13 Jan 2024 Carolina DE GIORGI 13 Jul 2022 13 Jul 2023 Chiara CHIODO 08 Jul 2022 08 Jul 2023 Anyve ARAKELIJAN 08 Jul 2022 08 Jul 2023 Susan YAVARI 10 Dec 2021 10 Dec 2022 Federico CUPELLI 10 Dec 2021 10 Dec 2022 Ms Elona MORINA 07 Dec 2021 07 Dec 2022 Ms Mathilda LOUSSERT 02 Dec 2021 06 Jul 2022 Bernard DELBECQUE 02 Dec 2021 02 Dec 2022 Marin CAPELLE 01 Dec 2021 01 Dec 2022 Gwen LEHANE 01 Dec 2021 01 Dec 2022 Antonio PIRES DA FONSECA FRADE CORREIA 01 Dec 2021 01 Dec 2022 Vincent INGHAM 30 Nov 2021 30 Nov 2022 Antonio PIRES DA FONSECA FRADE CORREIA 21 Feb 2020 01 Mar 2021 Ms Chiara Sandon 06 Feb 2020 06 Feb 2021 Tanguy VAN DE WERVE DE SCHILDE 11 Dec 2019 11 Dec 2020 Mr Vincent Dessard 14 Nov 2019 14 Nov 2020 Vincent INGHAM 05 Nov 2019 31 Oct 2020 Federico CUPELLI 26 Sep 2019 26 Sep 2020 Ms Agathi Pafili 30 Aug 2019 13 Dec 2019 Ms Gabriela Diezhandino 08 Aug 2019 08 Aug 2020 Bernard DELBECQUE 25 Jul 2019 25 Jul 2020 Mr Andreas STEPNITZKA 25 Jul 2019 25 Jul 2020 Aleksandra PALINSKA 22 Mar 2019 01 Apr 2020 Antonio PIRES DA FONSECA FRADE CORREIA 23 Feb 2019 21 Feb 2020 Ms Chiara Sandon 24 Jan 2019 24 Jan 2020 Tanguy VAN DE WERVE DE SCHILDE 08 Dec 2018 07 Dec 2019 Mr Vincent Dessard 01 Nov 2018 01 Nov 2019 Vincent INGHAM 31 Oct 2018 31 Oct 2019 Federico CUPELLI 25 Sep 2018 26 Sep 2019 Mr Peter DE PROFT 03 Aug 2018 20 Jul 2019 Ms Gabriela Diezhandino 03 Aug 2018 08 Aug 2019 Bernard DELBECQUE 06 Jul 2018 06 Jul 2019 Ms Agathi Pafili 06 Jul 2018 06 Jul 2019 Mr Andreas STEPNITZKA 06 Jul 2018 06 Jul 2019 Ms Inga Nitsche 12 Jun 2018 23 Jan 2019 Ms Grainne Delaney 09 Jun 2018 18 Nov 2018 Ms Chiara Sandon 15 Jan 2018 12 Jan 2019 Vincent INGHAM 27 Oct 2017 25 Oct 2018 Mr Vincent Dessard 27 Oct 2017 26 Oct 2018 Federico CUPELLI 05 Oct 2017 25 Sep 2018 Ms Gabriela Diezhandino 10 Aug 2017 03 Aug 2018 Mr Peter DE PROFT 03 Aug 2017 02 Aug 2018 Bernard DELBECQUE 20 Jul 2017 06 Jul 2018 Ms Agathi Pafili 20 Jul 2017 06 Jul 2018 Mr Andreas STEPNITZKA 20 Jul 2017 06 Jul 2018 Ms Grainne Delaney 13 Jun 2017 09 Jun 2018 Ms Ana Teresa Bartolomeu Breda 13 Jun 2017 05 Oct 2017 Ms Inga Nitsche 13 Jun 2017 10 Jun 2018 Vincent INGHAM 27 Oct 2016 26 Oct 2017 Mr Vincent Dessard 27 Oct 2016 26 Oct 2017 Federico CUPELLI 30 Sep 2016 17 Sep 2017 Mr Peter DE PROFT 22 Aug 2016 03 Aug 2017 Ms Gabriela Diezhandino 22 Aug 2016 10 Aug 2017 Bernard DELBECQUE 19 Jul 2016 07 Jul 2017 Ms Agathi Pafili 19 Jul 2016 07 Jul 2017 Mr Andreas STEPNITZKA 19 Jul 2016 06 Jul 2017 Ms Grainne Delaney 15 Jun 2016 10 Jun 2017 Vincent INGHAM 31 Oct 2015 27 Oct 2016 Mr Vincent Dessard 31 Oct 2015 27 Oct 2016 Federico CUPELLI 22 Sep 2015 16 Sep 2016 Mr Peter DE PROFT 13 Aug 2015 07 Aug 2016 Ms Gabriela Diezhandino 13 Aug 2015 07 Aug 2016 Bernard DELBECQUE 11 Jul 2015 09 Jul 2016 Ms Agathi Pafili 11 Jul 2015 09 Jul 2016 Mr Andreas STEPNITZKA 11 Jul 2015 09 Jul 2016 Ms Grainne Delaney 16 Jun 2015 12 Jun 2016 Ms Vilma Domenicucci 16 Jun 2015 12 Dec 2015 Ms Vilma Domenicucci 17 Mar 2015 12 Jun 2015 Ms Gabriela Diezhandino 05 Sep 2014 13 Aug 2015 Vincent INGHAM 04 Nov 2014 31 Oct 2015 Mr Vincent Dessard 04 Nov 2014 31 Oct 2015 Federico CUPELLI 24 Sep 2014 22 Sep 2015 Mrs Gabriela DIEZHANDINO 05 Sep 2014 27 Jan 2015 Mr Peter DE PROFT 27 Aug 2014 13 Aug 2015 Bernard DELBECQUE 16 Jul 2014 11 Jul 2015 Ms Agathi Pafili 16 Jul 2014 11 Jul 2015 Mr Andreas STEPNITZKA 16 Jul 2014 11 Jul 2015 Ms Grainne Delaney 24 Jun 2014 16 Jun 2015 Mr Esa Jarkko Ilmari SYYRILÄ 20 Nov 2013 19 Jun 2014 Vincent INGHAM 16 Nov 2013 04 Nov 2014 Mr Vincent Dessard 16 Nov 2013 04 Nov 2014 Mr Peter DE PROFT 07 Sep 2013 27 Aug 2014 Mr Pierre Aveline de Rossignol 07 Sep 2013 20 Jun 2014 Bernard DELBECQUE 20 Jul 2013 16 Jul 2014 Ms Agathi Pafili 20 Jul 2013 16 Jul 2014 Mr Andreas STEPNITZKA 20 Jul 2013 16 Jul 2014 Vincent INGHAM 30 Jan 2013 16 Nov 2013 Mr Esa Jarkko Ilmari SYYRILÄ 26 Jan 2013 16 Nov 2013 Mr Vincent Dessard 26 Jan 2013 16 Nov 2013 Mr Peter DE PROFT 17 Oct 2012 12 Sep 2013 Mr Pierre Aveline de Rossignol 17 Oct 2012 12 Sep 2013 Ms Yvonne Lenoir Gehl 17 Oct 2012 17 Jul 2013 Ms Agathi Pafili 15 Sep 2012 20 Jul 2013 Mr Pierre Aveline de Rossignol 08 Aug 2012 17 Oct 2012 Ms Yvonne Lenoir Gehl 08 Aug 2012 17 Oct 2012 Bernard DELBECQUE 08 Aug 2012 20 Jul 2013 Mr Vincent Dessard 26 Apr 2012 08 Feb 2013 Mr Peter DE PROFT 13 Dec 2011 17 Oct 2012 Floriana Cimmarusti 17 Jan 2012 07 Aug 2012 Vincent INGHAM 17 Jan 2012 08 Feb 2013 Mr Esa Jarkko Ilmari SYYRILÄ 17 Jan 2012 08 Feb 2013 Complementary Information
Headcount varied in the course of 2021; reorganisation of staff activities.
Person in charge of EU relations
Data not provided by Register Secretariat due to GDPR
Person with legal responsibility
Data not provided by Register Secretariat due to GDPR
-
Categories
Category
Trade and business associations
-
Networking
Affiliation
- European Parliamentary Financial Services Forum (EPFSF)
- ESMA SMSG,
- ESMA Investment Management Standing Committee (IMSC) Consultative WG,
- EIOPA Stakeholder Group
- Financial Data Exchange Templates (FINDATEX) (founder member+ secretariat)
- Affiliate Member of the International Organization of Securities Commissions (IOSCO)
- European Money Markets Institute (EMMI)
- European Capital Markets Institute (ECMI),
- International Capital Market Association (ICMA) /Alternative Investment Management Association (AIMA) (observer)
- International Investment Funds Association (IIFA)
- Federation of European and International Associations (FAIB)Member organisations
https://www.efama.org/index.php/about-us/our-members
-
Financial Data
Interests represented
Promotes their own interests or the collective interests of their members
Closed financial year
Jan 2021 - Dec 2021
Lobbying costs for closed financial year
2,250,000€ - 2,499,999€
Major contributions in closed year
None declared
Intermediaries for closed year
Name Amount hume brophy 50,000€ - 99,999€ Intermediaries for current year
None declaredClosed year Costs
2,250,000€ - 2,499,999€
Other financial info
A decrease in costs attributable to activities covered by the Register continued to be observed in 2021 (a continuation from 2020). This was due to a decrease in representation costs and expenses in relation to the organisation of event(s) (e.g. Investment Management Forum), both as a direct result of Covid-19, as well as other admin costs. There was a decrease in personnel costs following an internal reorganization of staff activities.
EFAMA’s budget is based on membership fees exclusively. EFAMA has 27 member associations, 59 corporate members and 23 associate members.
EFAMA’s annual calculations of costs attributable to activities covered by the Register have been made following the EC Guidelines with regards to the activities covered within the scope of the Register and the calculation of estimated annual costs of the activities of the Register (staff costs, office and admin expenses, in-house operational expenditure, representation costs, etc) -
EU Structures
Groups (European Commission)
European Union Eco-labelling Board#E00374#https://ec.europa.eu/transparency/expert-groups-register/screen/expert-groups/consult?groupID=374 #Member #C#Finance
Groups (European Parliament)
Competitive European Industry: long-term and sustainable investment
Communication activities
• (publication): Household Participation in Capital Markets / Key Performance Indicators (KPI)
• Fund processing standardization :
(publication): EFAMA-SWIFT report on the automation rates of cross-border fund orders
• Investor Education:
Supporter of IOSCO’s World Investor Week
Sponsor (2019) European Youth Parliament (EYP)
(2021 publication): Brochure: Investing for a better future – 5 tips to do more with your savings; available in many European languages
Several seminars on investor education and the role of the financial sector
• Data & Research:
Monthly & Quarterly statistical releases (European and International)
(publication) Asset Management Report
(publication) Fact Book
(publication) Market Insights
(publication) Household Participation in Capital Markets
European Fund Classification
Research workshops (https://www.efama.org/index.php/research-workshops)
• Other publications:
“Three Questions To”: (in 2021)
The use of Euribor,
Libor Transition
CSDR Settlement Discipline Regime (SDR),
Exchange-Traded Products(ETPs),
PEPP,
European Fund Classification
• Events:
EFAMA Investment Management Forum (annual)
European Retirement Week: the future of DC pensions: how to create a thriving DC market in Europe
Webinar series:
ELTIF Review 2.0
Preparing for the PRIIPs transition
Meeting the needs of a new generation of investors (presentation of brochure – 5 Tips)
AIFMD Review: delegation & oversight in the funds industry
Liquidity Risk Management
Cross-Border Marketing in the EU and the UK
Impact of GDPR / asset management industryOther activities
EFAMA is also represented in the European Commission's Pension Forum, in the EC's Expert Group on automatic exchange of financial account information
- Meetings
Meetings
15 meetings found. Download meetings
The list below only covers meetings held since November 2014 with commissioners, their cabinet members or directors-general at the European Commission; other lobby meetings with lower-level staff may have taken place, but the European Commission doesn't proactively publish information about these meetings. For more information about which commissioner is responsible for which portfolio, check out this link: https://commissioners.ec.europa.eu/index_en All information below comes from European Commission web pages.
-
Date 24 Mar 2023 Location video conference Subject Retail investment strategy Cabinet Cabinet of Executive Vice-President Valdis Dombrovskis Portfolio An Economy that Works for People Attending - Andrea Beltramello (Cabinet member)
-
Date 24 Mar 2023 Location Virtual Meeting Subject Retail investment strategy Cabinet Cabinet of Commissioner Mairead Mcguinness Portfolio Financial services, financial stability and Capital Markets Union Attending - Agnieszka Drzewoska (Cabinet member)
-
Date 14 Jan 2022 Location Virtual meeting Subject Financial literacy Cabinet Cabinet of Commissioner Mairead Mcguinness Portfolio Financial services, financial stability and Capital Markets Union Attending - Nicolo Brignoli (Cabinet member)
-
Date 10 Nov 2021 Location video confrerence Subject Review of the Markets in Financial Instruments Regulation Cabinet Cabinet of Executive Vice-President Valdis Dombrovskis Portfolio An Economy that Works for People Attending - Andrea Beltramello (Cabinet member)
-
Date 09 Nov 2021 Location Virtual Meeting Subject Introductory discussion, financial literacy, retail investor. Cabinet Cabinet of Commissioner Mairead Mcguinness Portfolio Financial services, financial stability and Capital Markets Union Attending - Agnieszka Drzewoska (Cabinet member)
-
Date 14 Oct 2021 Location virtual Subject Mandatory Buy-In rules, CSRD review Cabinet Cabinet of Commissioner Mairead Mcguinness Portfolio Financial services, financial stability and Capital Markets Union Attending - Florian Denis (Cabinet member)
-
Date 14 Sep 2021 Location virtual Subject Mandatory Buy-In rules, CSRD review Cabinet Cabinet of Commissioner Mairead Mcguinness Portfolio Financial services, financial stability and Capital Markets Union Attending - Florian Denis (Cabinet member)
-
Date 13 Jul 2021 Location VIDEO CONFERENCING Subject CMU ISSUES. Cabinet Cabinet of Commissioner Mairead Mcguinness Portfolio Financial services, financial stability and Capital Markets Union Attending - Mairead McGuinness (Commissioner)
-
Date 24 Mar 2021 Location virtual Subject AIFMD/ELTIF/CMU Cabinet Cabinet of Commissioner Mairead Mcguinness Portfolio Financial services, financial stability and Capital Markets Union Attending - Florian Denis (Cabinet member)
-
Date 22 Oct 2019 Location Brussels Subject CMU, sustainable finance Cabinet Cabinet of Vice-President Valdis Dombrovskis Portfolio Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and Capital Markets Union Attending - Andrea Beltramello (Cabinet member)
-
Date 14 Mar 2018 Location Brussels Subject PEPPs Cabinet Cabinet of Vice-President Jyrki Katainen Portfolio Jobs, Growth, Investment and Competitiveness Attending - Marlene Madsen (Cabinet member)
-
Date 22 Mar 2017 Location Brussels Subject Fund Distribution, PEPP Cabinet Cabinet of Vice-President Valdis Dombrovskis Portfolio Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and Capital Markets Union Attending - Tatyana Panova (Cabinet member)
- Valdis Dombrovskis (Vice-President)
Other Lobbyists -
Date 21 May 2015 Location Brussels Subject CMU Cabinet Cabinet of Vice-President Jyrki Katainen Portfolio Jobs, Growth, Investment and Competitiveness Attending - Valérie Herzberg (Cabinet member)
-
Date 29 Jan 2015 Location Brussels Subject CMU, Long-term savings, Product disclosure Cabinet Cabinet of Commissioner Jonathan Hill Portfolio Financial Stability, Financial Services and Capital Markets Union Attending - Jonathan Hill (Commissioner)
- Meetings