Annual Review 2025 - Advancing Europe’s Capital Markets: Delivering Stability and Growth in a Changing Landscape

The 2025 Annual Review, “Advancing Europe’s Capital Markets: Delivering Stability and Growth in a Changing Landscape”, highlights AFME’s role over the past year in shaping reforms and supporting more resilient, competitive financial markets. Against a backdrop of political transition, regulatory change, and technological transformation, AFME has worked with policy makers and members to advance initiatives such as the Savings and Investment Union, securitisation reform, and implementation of Basel III. By providing expertise, building consensus, and promoting practical solutions, AFME continues to drive progress on deepening Europe’s capital markets and strengthening their role in supporting long-term growth and investment.