Learn About Our Affiliates
European High Yield Association (EHYA)
The European High Yield Association (EHYA) has a strong advocacy programme aimed at developing best market practices and positively influencing legislators, government entities and securities exchanges. A key purpose of the EHYA is to work with lawmakers and regulators in the European Union. EHYA lobbies for its members to promote efficient and appropriate regulation and constructive rulemaking processes. The association is leading the insolvency reform project focusing on identifying opportunities to design and promote effective solutions to the structural limitations that are built into European insolvency regimes. The ultimate goal is to ensure that European insolvency law keeps pace with the rapidly evolving leveraged finance marketplace.
European Primary Dealers Association (EPDA)
The primary purpose of the European Primary Dealers Association (EPDA) is to advocate on behalf of its members, the Eurozone government bond primary dealers, with relevant government and regulatory bodies through dialogue and market briefing notes. The Association promotes integration and efficiency within the EU government bond market. It addresses primary and secondary issues by facilitating consultation with key market participants, including primary dealers, EU debt management offices, EU Commission, ECB and trading platforms. As an ancilliary part of its advocacy efforts, the EPDA provides best practice recommendations for efficient primary and secondary market procedures and practices in order to promote industry standards as an efficient alternative to government regulation.
European Primary Markets Divison (EPMD)
The European Primary Markets Division (EPMD) is a new initiative designed to bring SIFMA’s regulatory expertise and business-focused model to bear on Europe’s primary markets. The EPMD is a direct result of requests from SIFMA members to expand our coverage to new issues of equity and equity-linked securities.
The EPMD mandate encompasses several inter-related objectives:
- Afford institutions that are active in the primary markets a forum to raise and discuss industry issues and concerns.
- Engage with regulators and other government bodies on behalf of its members through ongoing relationships and ad hoc consultations on relevant issues.
- Facilitate the development of best practice recommendations and standardise related documentation as appropriate and desirable.
- Provide communication, education, and public outreach through conferences and seminars
European Securitisation Forum (ESF)
The European Securitisation Forum’s (ESF) primary purpose is to pursue its mission through advocacy projects related to a number of legal, regulatory, accounting, capital, market practice tax and other issues that impact the European securitisation markets. The ESF works with relevant regulators, central bankers and other standard-setters. The forum is currently leading a global initiative to restore confidence in the securitisation markets, including proactive dialogue with all of the major EU regulatory bodies in order to maintain financial stability.
European Securities Services Forum (ESSF)
The prime objective of The European Securities Services Forum (ESSF) is a single integrated post trading system for securities transactions in Europe achieved through harmonisation, standardisation and consolidation as well as through supporting and enabling regulation. ESSF acts as an agent of change providing solutions in the clearing, settlement and custody space to reduce costs and risks of market participants. It represents the views and positions of its members towards public sector authorities and central banks both at European and at national levels. On issues of common interest it cooperates with SIFMA Operations Committees in the US and in Asia.