An overview of the organisation's background.
The work AFME does and its current priorities.
Shaping the growth agenda.
Details of the AFME Board of Directors.
Details of the AFME senior management team.
Details of AFME's directors.
Details of the AFME divisions' structure and process.
Our existing members and how to join.
Current job openings at AFME.
Works on the development and implementation of International Financial Reporting Standards.
Works to help develop open markets across the EU.
Works to promote an efficient pan-European covered bond market by facilitating consultation with key market participants.
Works on the commercial, legal, and regulatory aspects of mergers and acquisitions and the public issuance of securities.
Works to help develop market policy and best practices for the corporate bond and loan markets.
Works to help shape market structure and the policy environment.
Works to address the regional and cross-border issues of equity-raising transactions in Europe, the Middle East and emerging markets.
Works to lower the costs of executing high yield debt capital market transactions and lobbies for the reform of corporate insolvency laws.
Works to help develop best practices and monitor policy and regulatory developments that could affect the FX markets.
Works to achieve harmonisation, standardisation, and consolidation across Europe through best practice and regulation.
Works to enhance understanding of the prime services business and constructively shape the policy environment.
Works on issues relating to changes to the prudential regulatory framework.
Works with members, policymakers, and regulators on projects and initiatives at the global, EU, and national levels.
Works to monitor developments in policy and market structure that could affect the bond markets.
Works on financial markets policy issues and the development of best practices.
Works to analyse and communicate the impact of tax proposals.
Information on key issues that AFME is working on
For retail investors interested in learning about the European fixed-income market.
Useful data and other research into the financial sector.
Overviews of topical issues for the financial sector and our members' views on them.
Results from analysis carried out by AFME.
Investing in Change: A book of essays on financial reform in Europe
Links to other helpful websites.
Complete copies of AFME's responses to regulatory consultations.
In-depth analysis of financial sector reforms and other topical issues.
News and comment from AFME
Subscribe to our free weekly review of international regulatory reform proposals and activity.
AFME in the news and at conferences.
A range of standard market documentation developed by AFME.
Subscribe to Global SmartBrief, our free daily industry news roundup.
Monthly summary of AFME's work and other regulatory news.
AFME experts talk about their work, & key issues facing the financial markets
AFME's programme of events.
Sign up for our Events update mail.
Listen to previous calls and view the accompanying presentations.
Securitisation is a vital funding tool in Europe and a channel for borrowers to access the capital markets. Traditionally, it has contributed to funding real economy assets such as residential mortgages, auto loans and SME lending and other assets. At a time when businesses and households across the EU are experiencing difficulties in accessing finance, securitisation can improve the availability of credit, by allowing banks to free up their balance sheets for further lending. A recovery in the securitisation market should play an important role in unlocking credit markets and supporting a wider economic recovery across Europe. The European securitisation market has been significantly affected by the financial crisis and current macroeconomic volatility. Annual placed issuance levels have dropped to €80-90billion from the €450 billion of pre-crisis years (2006-2007). Moreover, investment in the market has stalled due to uncertainty and negative signaling surrounding the new set of regulatory measures. AFME has been working to revive the securitisation market in Europe with important initiatives such as the Prime Collateralised Securities (“PCS”) securitisation labelling project which identifies market best practices in terms of securitisation quality, transparency and simplicity/standardisation, leading to improved secondary market liquidity. Below you will find relevant news and documents on the subject.
09 June 2014
AFME issues new report on reviving the securitisation market in Europe
30 May 2014
AFME welcomes central banks' pro-securitisation report
19 May 2014
AFME CEO Simon Lewis in Financial News: European securitisation - five steps to recovery
11 April 2014
AFME welcomes central banks’ call for fair ABS rules
18 August 2014
AFME response to ESMA on Clearing Obligations under EMIR (No.1)
25 July 2014
AFME submission to BCBS IOSCO survey on securitisation markets
24 July 2014
Modifications without direct noteholder consent: wording for inclusion in terms and conditions
22 July 2014
Funding the EU economy (English version)
Funding the EU economy (Spanish version)
Funding the EU economy (Italian version)
Funding the EU economy (German version)
Funding the EU economy (French version)
16 July 2014
Securitisation Data Report: Q2 2014
14 July 2014
Response to draft RTS on risk-mitigation techniques for OTC-derivatives not cleared by a CCP under EMIR
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Association for Financial Markets in Europe