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The Association for Financial Markets in Europe (AFME) is an industry advocacy organization that represents wholesale market participants in Europe, including the
The Association for Financial Markets in Europe (AFME) is an industry advocacy organization that represents wholesale market participants in Europe, including the European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are located primarily in Europe, Europe. The union has a total area of ...
and the United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and ...
. It was formed in 2009 by the merger of the London Investment Banking Association and the European activities of the U.S.-based Securities Industry and Financial Markets Association
The Securities Industry and Financial Markets Association (SIFMA) is a United States industry trade group representing securities firms, banks, and asset management companies. SIFMA was formed on November 1, 2006, from the merger of the Bond Mar ...
. At the same time, the Global Financial Markets Association The Global Financial Markets Association (GFMA) was created in 2009 to represent the securities and financial markets industry at the international level. It serves as an umbrella group for three regional organizations:
* the Securities Industry an ...
was created to represent the securities and financial markets industry at the international level.
AFME's policy positions have been frequently mentioned in media coverage on financial services policy in the European Union and United Kingdom. Senior financial policymakers have regularly spoken at AFME events, e.g. European Commissioner Mairead McGuinness
Mairead McGuinness (born 13 June 1959) is an Irish politician serving as the European Commissioner for Financial Stability, Financial Services and the Capital Markets Union since October 2020. A member of Fine Gael, she previously served as F ...
and Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government o ...
deputy governor Jon Cunliffe.
AFME generated controversy in 2019 when hiring , the former executive director of the European Banking Authority, as its Chief Executive.
Chief Executives
* Tim Ryan (2009-2010) * Simon Lewis (2010-2019) * (since 2019)See also
*European Banking Federation
The European Banking Federation is a trade association representing national banking associations in countries of the European Union and the European Free Trade Association. It represents over 3500 banks and about 2.6 million employees. It was ...
* European Financial Services Roundtable
The European Financial Services Round Table (EFR) brings together chairmen and chief executives of leading European banks and insurance companies. The purpose of the EFR is to contribute to the European public policy debate on issues relating to fi ...
* Eurofi
Eurofi is a Paris-based nonprofit association that organizes non-public gatherings on European economic and financial policy. Eurofi meetings have become a regular venue for exchange between EU economic and financial policymakers and senior fina ...
Notes
Finance industry associations Bankers associations Lobbying organizations in Europe Lobbying organisations in the United Kingdom {{bank-stub