Eurofi, the think tank dedicated to financial services in Europe, was created in 2000. Chaired by Jacques de Larosière and Daniel Lebegue, this not for profit organization brings together financial institutions of different sizes and statutes. Eurofi counts amongst its members many leading financial institutions active across Europe (companies based in the main EU countries as well as subsidiaries of US firms).

Eurofi members are: AXA, BNP Paribas, Caisse des Dépôts et Consignations, Caisse Nationale des Caisses d’Epargne (CNCE), CNP assurances, Citi, Crédit Agricole SA, Deutsche Bank, Euro CCP, Goldman Sachs, Groupama, JP Morgan Chase, La Banque Postale, NYSE Euronext, Société Générale, The Bank of New-York Mellon, the European Investment Bank (EIB).

Eurofi addresses prospective regulatory or industry driven subjects as well as contentious issues which are currently debated at EU level or are of particular interest to major EU industry players with the aim of helping to build a fluid, efficient and secure EU Single Capital Market. It acts as a catalyst for the market and as a neutral go-between between industry players and EU Institutions. These actions are conducted with the support of working groups managed by Didier Cahen, Secretary general of Eurofi, Jean-Marie Andrès and Marc Truchet, senior fellow consultants.

Eurofi works with all the representative stakeholders involved in a given subject – different types of financial institutions such as domestic or cross-border banks, broker dealers, insurance companies, market infrastructures, consumer representatives… - to help them solve issues or identify new ideas and interact with EU political decision makers and legislators.

Eurofi is currently working on :

  • Strategic and operational issues such as: the impacts of Solvency II on European economies, shareholders, clients and insurance companies; the outlook for insurance mutuals in the fast-changing EU marketplace; the conditions enabling a sustainable SEPA business case for the different users; the challenges of EU securities infrastructures in today’s globalised financial markets; the optimisation of investment funds’ cross-border distribution and processing and evolutions in the UCITS framework; the development of micro-credit in the EU; the role of long term investors for increasing financial stability; the revised EU integration priorities for 2010-2015,…

  • Improving supervisory and regulatory organisation and processes: conditions for an effective integration of supervision and for an empowerment of the Level 3 Lamfalussy Committees, 28th regime as an alternative to harmonization …

Each year Eurofi organizes a major international financial forum during which it presents the findings of the studies in progress. This is an opportunity for its members and partners to participate in high level debates and workshops on current EU financial services issues and to develop and discuss their proposals relating to EU regulations or market driven improvements. These events are organised by Christian Hawkins, Senior Project Manager.

In addition to Eurofi members, many institutions have actively been involved as partners in the studies and forums we organised in 2006, 2007 and 2008: Allianz Global Investors, Aviva, BBVA, BNP Paribas Securities Services, Bourse de Luxembourg, CACEIS, Clearstream, Dexia, Deutsche Sparkassen und Giroverband (DSGV), Ethias, Euroclear, FEAM, Fortis, Gothaer Group, Grupo Santander, HSBC, ING, Nasdaq OMX, Natixis Global Associates, NFU Mutual, Reale Mutua, Schroders, Société Générale Securities Services, State Street, Swedbank, Swift, Tapiola, Unicredit Group, Union Investment, Visa Europe…


Co-Presidents of Eurofi

Membership

Eurofi brings together financial institutions of different sizes and statutes: domestic and cross-border banks and insurance companies with different legal statutes, broker dealers, asset managers, market infrastructures... The members of Eurofi are companies based in the main EU countries as well as well as subsidiaries of US firms. Eurofi works with all the representative stakeholders involved in a given subject to help them solve issues or identify new ideas and interact with EU political decision makers and legislators.

Financial cross-border supervision, the Solvency II Directive, the review of the UCITS Directive and the new Alternative Investment Fund Manager Directive, Accounting and Prudential rules to favour long term investment for example are major areas of focus of the work of Eurofi. The proposals made by Eurofi are presented to the main leaders of the EU authorities and discussed at the occasion of the Financial Forums organized by Eurofi"


The EUROFI Financial Forum 2009



29 september - 1 october 2009 Göteborg Sweden

An event organised in association with the Swedish EU Presidency

Identifying and discussing key initiatives for restoring confidence, preventing future crisis and improving the security and efficiency of financial services in Europe…

This international symposium is taking place in Götborg ahead of the Eurogroup and the informal ECOFIN Council meetings…

100 distinguished speakers gathered by Jacques de Larosière among which Andres Borg, Sharon Bowles, Jaime Caruana, Alexander Lamfalussy, Tommaso Padoa-Schioppa, Pedro Solbès, Jean-Claude Trichet, David Tweedie, Paul Volcker, etc. offer an unique opportunity to industry and political decision-makers to clarify the main regulatory measures and the changes required.

See Press release

What priorities for the incoming European authorities in light of the financial crisis?

Programme Report