A ROUND TABLE ORGANISATION OF CHAIRMEN AND CHIEF EXECUTIVES OF EUROPE'S LEADING BANKS AND INSURANCE COMPANIES
The purpose of the EFR is to contribute to the European public policy debate on issues relating to financial services and to the financial stability with a view to completing the single market in financial services.
MEMBERS OF EFR
"Open and competitive European financial markets are important to support the real economy and to serve the consumers. They are a necessity for European economic sovereignty".
Jean Lemierre, Chairman
LATEST FROM EFR
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EFR Paper paper on Open Finance in the context of EU Data Economy
23 November 2021
Three key principles need to be at the core of any future regulatory framework: (1) Accessing and sharing of raw data requires the consent of customers. (2) Incentives to innovate must be preserved by a horizontal and cross-sectoral framework (3) Trust in the integrity of the accessed or shared data and in its further uses needs to be preserved.
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EFR Paper on financing the transition to a sustainable future
29 October 2021
Incentivising investment in the transformation of companies should be prioritised and the overall policy framework needs to support such transitional pathways. The availability, high quality and comparability of sustainability data is essential. Governments should step up the protection against physical risk from climate change by means of insurance coverage and adaptation measures
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EFR has published its Paper on Anti-Money Laundering
04 June 2021
Adequate and proportionate AML/CFT regulation is also in the interest of the financial sector to further protect the integrity of the financial system. In its Paper, the EFR gives it views on some key aspects of the (upcoming) proposals of the European Commission on AML/CFT.
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EFR has published its Paper on Digital Strategic Issues
31 March 2021
The EFR Paper "Financial Services contributing to EU competitiveness in the digital geo-economic context" raises issues that need to be addressed and gives concrete recommendations to enable the financial services industry to contribute its full potential to the EC’s overarching goal of digital strategic autonomy.
