About Gfma
The Global Financial Markets Association (GFMA) is a leading forum that brings together regional trade associations to address issues with global implications. The association comprises three of the world's largest financial industry trade groups, namely the Asia Securities Industry and Financial Markets Association (ASIFMA), the European Banking Federation (EBF), and the Securities Industry and Financial Markets Association (SIFMA). GFMA was established in 2010 to provide a unified voice for its members on regulatory, legislative, and other public policy issues affecting global financial markets.
GFMA's mission is to promote efficient, transparent, and fair capital markets worldwide. The association works closely with policymakers, regulators, standard-setting bodies, and other stakeholders to develop policies that support economic growth while ensuring market stability. GFMA also provides thought leadership on key issues affecting global financial markets through research papers, reports, conferences, seminars, webinars.
One of GFMA's primary objectives is to advocate for regulatory reform that promotes market integrity while avoiding unintended consequences that could harm market participants or impede economic growth. To this end, GFMA has been actively engaged in discussions around key regulatory initiatives such as MiFID II/MiFIR in Europe and Dodd-Frank Wall Street Reform Act in the United States.
GFMA also plays an important role in promoting best practices across various areas of financial services such as securities lending & borrowing operations; repo transactions; collateral management; clearing & settlement processes; risk management practices; cybersecurity measures etc. Through its member associations' expertise across different regions globally - ASIFMA covering Asia-Pacific region including Japan & Australia/New Zealand; EBF covering Europe including UK post-Brexit scenario & SIFMA covering North America - GFMA can provide valuable insights into how these best practices can be implemented effectively across different jurisdictions.
In addition to advocacy work on behalf of its members' interests globally at various forums like G20 meetings etc., GFMA also engages with the broader public through its website, social media channels, and other communication channels. The association's website provides a wealth of information on key issues affecting global financial markets, including research papers, reports, and other publications.
GFMA also organizes various events throughout the year to bring together industry leaders from around the world to discuss key issues affecting global financial markets. These events include conferences, seminars, webinars etc. that provide valuable networking opportunities for members and non-members alike.
In conclusion, GFMA is a leading forum that brings together regional trade associations to address issues with global implications. The association plays an important role in promoting efficient, transparent & fair capital markets worldwide by advocating for regulatory reform that promotes market integrity while avoiding unintended consequences that could harm market participants or impede economic growth. Through its member associations' expertise across different regions globally - ASIFMA covering Asia-Pacific region including Japan & Australia/New Zealand; EBF covering Europe including UK post-Brexit scenario & SIFMA covering North America - GFMA can provide valuable insights into how best practices can be implemented effectively across different jurisdictions.