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.
LATEST FROM EFR
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The EFR supports the Competitiveness Compass / Simplification
04 July 2025
The Omnibus Simplification Package is a significant step towards the EC’s commitments to reduce administrative burden by 25%, to enhance the efficiency and the competitiveness of businesses, while making the sustainable agenda more feasible in practical terms. Consistency in the sustainability rulebook between reporting requirements on the real economy and financial institutions is essential for an overall efficient rulebook.
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White Paper: Why Post-Quantum Cryptography is a Strategic Priority Now
30 June 2025
A subgroup of the EFR Cyber Group prepared a White Paper on Post-Quantum Cryptography, with an Executive Summary for C- and Boardlevel. Quantum computing presents a strategic risk to the organisation’s long-term data confidentiality, operational resilience, and regulatory compliance. Though this risk is not immediate, failure to act now exposes organisations to legal, operational, and reputational risks, with increasing remediation costs.
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Two White Papers on Cyber Metrics and on AI Cyber Risk
02 June 2025
Two subgroups of the EFR Cyber Group prepared White Papers on Cyber Metrics and on AI with an Executive Summary for C- and Boardlevel. A common set of metrics aims to achieve a minimum benchmark and a good basis for executive reporting. The AI Paper focuses on internal governance and managing the risks introduced by AI.
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Annual Report 2025: "Financing a strong, safe and sustainable Europe "
31 March 2025
Unlocking substantial levels of private investments for the European economy, while safeguarding financial stability, poses diverse and challenging risks. The EFR Members and their institutions stand ready to support their customers and the European economy. Recommendations are done on the Growth Imperative, Cyber Challenges and Sustainable Finance to enable the financial sector to perform this role.
MEMBERS OF EFR
“Europe is confronted with many headwinds - from geopolitical turmoil, macro-economic volatility to rapid technological change - and risks falling behind its global counterparts. But in this challenging context, I am proud of the role that the financial services sector has played in supporting the European economy to date and am optimistic about the opportunities that lie ahead."
Michel Liès, Chairman