Association for Financial Markets in Europe
European financial industry organization From Wikipedia, the free encyclopedia
The Association for Financial Markets in Europe (AFME) is an industry advocacy organization that represents wholesale market participants in Europe, including the European Union and the United Kingdom.
| |
| Abbreviation | afme |
|---|---|
| Predecessor | London Investment Banking Association (LIBA) and EU chapter of the Securities Industry and Financial Markets Association |
| Formation | 2009 |
| Type | Nonprofit trade association |
| Legal status | Association |
| Purpose | Voice of Europe's wholesale financial markets participants |
| Location | |
Region served | Europe |
| Products | Advocacy for wholesale financial markets |
Official language | English |
Chief Executive Officer | Adam Farkas |
| Affiliations | GFMA Alliance |
| Funding | Member fees |
| Website | www |
History
AFME was formed in 2009 by the merger of the London Investment Banking Association (LIBA) and the European activities of the U.S.-based Securities Industry and Financial Markets Association. At the same time, the Global Financial Markets Association was created to represent the securities and financial markets industry at the international level.[1]
Senior financial policymakers have regularly spoken at AFME events, e.g. European Commissioner Mairead McGuinness[2] and Bank of England deputy governor Jon Cunliffe.[3]
AFME generated controversy in 2019 when hiring Adam Farkas, the former executive director of the European Banking Authority, as its chief executive.[4]
Chief Executives
- Tim Ryan (2009–2010)
- Simon Lewis (2010–2019)
- Adam Farkas (since 2019)
See also
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.