Association for Financial Markets in Europe

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.

Association for Financial Markets in Europe

Abbreviation	afme
Predecessor	London Investment Banking Association (LIBA) and EU chapter of the Securities Industry and Financial Markets Association
Formation	2009; 16 years ago (2009)
Type	Nonprofit trade association
Legal status	Association
Purpose	Voice of Europe's wholesale financial markets participants
Location	London, United Kingdom Brussels, Belgium
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.afme.eu

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 [de], 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 [de] (since 2019)

See also

• European Banking Federation
• Eurofi
• Global Financial Markets Association (gfma)