![Association for Financial Markets in Europe logo](https://upload.wikimedia.org/wikipedia/commons/6/6e/Association_for_Financial_Markets_in_Europe_logo.svg)
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 political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been de ...
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 European mainland, continental mainland. It comprises England, Scotlan ...
. 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 M ...
. 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 Fi ...
and
Bank of England deputy governor
Jon Cunliffe
Sir Jonathan Stephen Cunliffe, CB (born 2 June 1953) is a senior British civil servant, currently serving as Deputy Governor of the Bank of England for Financial Stability.
Biography
Cunliffe studied at Manchester University. He lectured at ...
.
AFME generated controversy in 2019 when hiring , the former executive director of the
European Banking Authority
The European Banking Authority (EBA) is a regulatory agency of the European Union headquartered in Paris. Its activities include conducting stress tests on European banks to increase transparency in the European financial system and identifying ...
, 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
Notes
Finance industry associations
Bankers associations
Lobbying organizations in Europe
Lobbying organisations in the United Kingdom
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