European Securitisation Forum

From MarketsWiki
Jump to: navigation, search
European Securitisation Forum
ESFlogo.jpg
Key People Steve Gandy Chairman, Mark Lewis Vice-Chair
Products Forum for financial markets policy issues relating to securitization, development of best practices, and member education
Website www.afme.eu/securitisation

The European Securitisation Forum - which is now known as AFME/ESF - addresses financial markets policy issues relating to securitization, development of best practices, and member education. Membership comprises securitization arrangers, issuers, investors, credit rating agencies, law and accounting firms, trustees, servicers, data and other service providers, stock exchanges and other market participants.[1]

AFME/ESF collaborates with other major European and global associations involved with securitization issues, including the Securities Industry and Financial Markets Association (SIFMA), the American Securitization Forum (ASF), and the Asia Securities Industry and Financial Markets Association (ASIFMA), to promote a consistent approach for development of the securitization industry globally.

Initiatives are generated by the members, approved by the division's board, and carried out by the Association for Financial Markets in Europe (AFME) staff with input from AFME/ESF working groups. The projects take a variety of forms, from informal discussion groups to formal responses to government consultations.

History

On November 1, 2009 SIFMA and the London Investment Banking Association (LIBA) merged their London-based operations into a single independent organization - the Association for Financial Markets in Europe. As a result, the ESF became known as AFME/ESF.[2]

Products and Services

The AFME/ESF seeks to:

  • Build consensus within the industry on issues of broad importance to the participants involved
  • Mount focused efforts to advance AFME / ESF's substantive positions by interacting with appropriate governmental, regulatory, accounting, legislative, and other policy-making bodies at the EU, national, and international levels
  • Educate the securitization community and related stakeholders about the benefits of, and market developments in, securitization
  • Conduct substantive, high-quality conferences, workshops and educational programs
  • Provide member firms with a forum to identify, raise, and discuss industry issues and concerns
  • Eliminate inefficiencies in market practice and regulation
  • Facilitate the development of best practices and industry standards
  • Contribute industry expertise to facilitate an informed debate about regulation
  • Serve as a resource for policy makers, media, and private individuals seeking to understand the securitization markets

Key People

References

  1. About the Securitisation Division. afme.
  2. AFME Message. afme.