New EU financial regulation think tank launches
Paris-headquartered initiatives Association d’Economie Financière (AEF) and the European institute of financial regulation (EIFR) have merged into a single think tank structure named Association Europe-Finances-Régulations (AEFR) on Wednesday.
The new structure, backed by 40 institutions and companies, aims to elaborate proposals at EU level upon the evolution of the regulation and organisation of financial markets and to raise the voice of EU’s 27 state members worldwide on these topics.
AEFR members gather several financial markets players including regulators, insurers, banks, asset managers, brokers, lobbies, non-financial companies and law firms. Former European MP Pervenche Berès, who also held the role of chair of economic and monetary affairs at the European parliament, chairs the think tank. AEFR will publish debate papers to reflect on prospective or current issues such as financial services in Europe in a post-Brexit context and green transition. It will also position itself as a centre of expertise on financial regulation by developing events on regulatory themes. AEFR will also set a forum between institutions and member firms on significant financial evolutions and stakes at sector level.
Activities will be chaired by former ECB’s board member Benoît Coeuré, Paris Europlace’s steering committee chairman Alain Papiasse, ILB’s vice-president Didier Valet and Banque de France’s governor François Villeroy de Galhau.