The European Financial Markets Federation (EFMF) is pleased to announce that ASSIOM, Associazione Italiana Operatori Mercati dei Capitali (the Italian Association of Capital Markets Operators), has joined the Federation, bringing the current number of Associations within the Federation to four.
The addition of ASSIOM, a strong national association representing over 1,400 capital market operatives from Italian banks and financial institutions, is a significant advance towards forging closer co-operation between financial market associations with a European focus, which is EFMF’s primary objective. ASSIOM joins the Federation’s members, the Euro Debt Market Association (AMTE), the European Securities Forum (ESF), and the International Capital Market Association (ICMA).
Luigi Belluti, President of ASSIOM, commented; “ASSIOM has an established reputation as the main representative body for the Italian capital markets and brings to the EFMF a considerable depth of experience in capital market activities. We strongly support improved co-ordination of European financial markets associations through the EFMF as a means to ensure better integration within the European capital market.”
Financial markets, particularly in Europe are facing many challenges which need to be met effectively by improved co-ordination and co-operation amongst the various associations which represent capital market participants. The Federation allows individual associations to maintain their specific focus and independence while providing a mechanism for co-ordination and the organisation of central functions. It aims to provide a unified voice for the financial markets in Europe with respect to both national and international regulators, infrastructure providers and other relevant interest groups through a representative board of industry leaders.
