Eurofi, Helsinki, 11-13 September 2019

At the Eurofi Forum in Helsinki from 11 to 13 September, AMAFI, represented by Chairman Stéphane Giordano and European and International Affairs Director Arnaud Eard, together with members from the European Action Committee, had the opportunity to meet with several prominent figures on the sidelines of the public discussions. These included DG FISMA Director Mario Nava plus Member States Representatives for financial services from Germany, Croatia, Denmark, Ireland, Luxembourg and the Netherlands.

Talks centred on two key issues for AMAFI: reviving CMU (AMAFI / 19-88) and revising MiFID 2 (AMAFI / 19-85) particularly as regards investor protection, market data costs (AMAFI / 19-87), territoriality (AMAFI / 19-86) and payment for research. AMAFI’s delegates also reiterated the importance of ensuring continued access to UK post-trade infrastructures, especially central counterparties, highlighting the end of the temporary equivalence for CCPs on 30 March 2020 and the need to coordinate with EMIR 2.2 implementation.