Founded in 1962, EFFAS is a not-for-profit organisation. Its mission is to set the requirement standards for investment professionals, to act as a think tank and centre for discussion and be a European reference in Training & Qualifications.
EFFAS is the umbrella organisation of 14 national, local societies of investment professionals in Europe. EFFAS represents more than 18,000 Financial Analysts, Asset Managers, Pension Fund Managers, Corporate Finance Specialists, Risk Managers, Treasurers and other professional profiles in the investment professions.
EFFAS promotes the development and dissemination of a European Code of Ethics and Professional Conduct.
EFFAS recognizes and respects regional and local market characteristics.
On September 14, on behalf of EFFAS, Dr. Jesús López Zaballos, the EFFAS Chair, handed over a symbolic donation cheque for €40,200 to Dr. Nils Gröppel, Corporate Partnerships at UNICEF Germany. Dr. Valeria Fauner, the EFFAS Director in Training and Qualifications, joined the Chair to hand over the cheque at the EFFAS Office in Frankfurt…
Moving with the times and circumstance in 2019 EFFAS quickly adapted at the start of the pandemic to offer its CESGA certification examination in an online version. This allowed candidates to do the exam with minimal interruption to their schedules already affected by the pandemic. Continuing this digital path EFFAS issued its first batch of…
EFRAG is renewing its Rate-regulated Activities Working Group (EFRAG RRAWG) to support the endorsement process for a new IFRS Accounting Standard on regulatory assets and liabilities, expected to be published in late 2025. The group is seeking additional members, particularly from preparers and users, with expertise in rate-regulated environments and financial reporting. Application Deadline: 15…
EFRAG has published its Draft Endorsement Advice (DEA) on IFRS 18 Presentation and Disclosure in Financial Statements and invites stakeholders to submit comments by 26 March 2025. Objective of IFRS 18IFRS 18 aims to improve the usefulness of information presented and disclosed in financial statements, particularly by addressing feedback from stakeholders, including users requesting better…
The European Commission has endorsed the Amendments to IAS 21, The Effects of Changes in Foreign Exchange Rates: Lack of Exchangeability, and this update is now reflected in the EFRAG Endorsement Status Report. The Amendments to IAS 21 specify the conditions under which a currency is exchangeable into another currency. They also provide guidance on…
With 20 years of expertise, EFFAS promotes the development and dissemination of international professional standards in order to contribute towards a high level of quality in the professional practice of investment professionals.
High quality standards.
Constant innovations.
Best academical and professional experts.
Through its Commissions, EFFAS contributes to supporting the development of financial services
regulation by incorporating the practical knowledge of the professionals. EFFAS shares with the market the expert opinions and conclusions of the debate among qualified professionals within the members of the Federation and the results of surveys of common interest.
• Capital Market Commission (CMC): Capital Market standards and monitoring throughout Europe.
• Commission on Environmental, Social & Governance Issues (CESG): ESG reporting, measurement and valuation.
• Commission on Financial Reporting (CFR): Accounting standards, guidance on analytical methods.
• Training and Qualification Commission (TQC): Standards in education and examinations.
Through the seminars and webinars developed in cooperation with our member societies and partners. EFFAS’ conferences and seminars are focused on enhancing the skills and expertise of investment professionals to help them meet the need for continuous professional development at the same time as creating a forum for discussion among professionals and experts.
