The European Federation of Financial Analysts Societies (EFFAS) is the federation of

financial analyst A financial analyst is a professional undertaking financial analysis for external or internal clients as a core feature of the job. Frankfurt Frankfurt am Main () is the most populous city in the States of Germany, German state of Hesse. Its 773,068 inhabitants as of 2022 make it the List of cities in Germany by population, fifth-most populous city in Germany. Located in the forela ...

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

. EFFAS is a not-for-profit organisation.

EFFAS Certifications

EFFAS is a leading association and pioneer in certifications and qualifications for finance professionals: ''1. The Certified European Financial Analyst Diploma (CEFA)'' was set up in 1991. Since its introduction, the CEFA diploma has become one of the most respected and recognized professional credentials in the world, known as the “gold standard” among financial industry professionals in Europe. It is accredited in 15 European countries as well as in Argentina and Brazil and is well recognized by employers. To date, over 16,300 professionals in Europe are CEFA holders.. Our Diploma respects local market requirements, conditions, and characteristics as well as individual cultures. Find all the information regarding the CEFA certificatio
here
''2. The Certified Environmental Social and Governance Analysts (CESGA)'' designation, ensuring professional qualification by offering globally as well as local market knowledge within its examination structure. EFFAS also provides services for capital market experts through national member societies. Find all the information regarding the CESGA certificatio
here
''3. The EFFAS ESG Essentials'' certification provides participants with the fundamental concepts and requirements to give basic guidance to investors in ESG matters. Professionals in the sector can demonstrate that they have acquired an understanding of the fundamentals of ESG to complement their professional knowledge. Find all the information regarding the ESG Essentials certificatio
here
''4. The EFFAS Digital Assets & MiCA (DiAM)'' is the newest EFFAS certification that will be launched in 2023. Throughout this programme we will review the essential elements of this technology, along with the use cases it generates for business and the regulation that will order these elements. Students who pass the programme will have the necessary training to be able to understand the novelties in this field and outline the essential attributes of the projects and activities that are developed in a financial institution with respect to crypto assets. Find all the information regarding the EFFAS Digital Assets & MiCA (DiAM
here

EFFAS Commission

''1. EFFAS Commission on ESG (CESG):'' For years, EFFAS has had a strong position in developing standards for the reporting of extra-financials. With its Commission on Intellectual Capital (CIC) and its Commission on ESG (CESG) EFFAS not only has been instrumental in communicating the needs of investment professionals in capital markets to corporates but has also provided practical advice in the form of Key Performance Indicators and interactive data formats. Thus, EFFAS has helped to enhance the integration of extra-financials in classic investment methods. Read more information about the EFFAS CESG
here
''2. EFFAS Capital Markets Commission (CMC):'' The role of the capital markets is key for the allocation of financial resources throughout modern economies and therefore to enable stronger growth and the long-term development of the European economies. Over the last few years and especially after the

2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...

, which significantly affected the banking system in many countries, European authorities have placed the efficiency of capital markets at the centre of their priorities. This is demonstrated by the launch and implementation of the Capital Markets Union (CMU), a priority within the agenda of the EU Commission. Read more information about the EFFAS CM
here
''3. The EFFAS Commission on Financial Reporting (CFR'') provides analysts’ views on the definition of International Financial Reporting Standards (IFRS) to international accounting standards setters. Its members work closely with the International Accounting Standard Board (IASB) through the Global Analysts’ group and the European Financial Reporting Advisory Group (EFRAG) through the Users’ Panel. EFRAG provides advice to the European Commission on issues related to the implantation in Europe of IFRS. Read more information about the EFFAS CF
here
''4. The EFFAS Commission on Training & Qualification (TQC)'' is a standing commission of EFFAS. Its main tasks are to provide advice to the European Management Committee of EFFAS on all issues relating to training and qualification, and to evaluate the accreditations of professional designations at EFFAS and its national member societies with its Review Panel. Read more information about the EFFAS TQ
here

EFFAS Certifications

EFFAS Commission

Member societies

References

External links