EFAMA (European Fund of Asset Management Associations) and ICSA (International Council of Securities Association) published today a Global Memo on Benchmark Data Costs, identifying the main challenges arising from the increased use of benchmark data over recent decades and the imposition of increasingly complex and ove
Annual review 2025-2026
This Review provides a useful overview of the main policy developments we cover, our statistical and research publications, communication outreach, and more, including: a summary of our position on the Market Integration & Supervision Package, the Retail Investment Strategy, the Blueprint for Savings & Investment Accounts, the Supplementary Pensions Package, ELTIF 2.0, the EU securitisation framework, UCITS eligible assets, the implementation of new LMT and LOF rules, sustainability disclosures (CSRD & SFDR), integrated supervisory reporting, tax simplification and neutrality, T+1 settlement, the consolidated tape and EU clearing, tokenisation and AI, and the Financial Literacy Strategy.
