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 des ...

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 North ...

. 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 and ...

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 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 of ...

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)

Notes

Finance industry associations Bankers associations Lobbying organizations in Europe Lobbying organisations in the United Kingdom {{bank-stub

Chief Executives

See also

Notes