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EFFAS Q3 2023

Firstly, I would like to thank the EFFAS Executive Management Committee and EFFAS members for their renewed faith in my leadership by returning me to the helm to guide EFFAS as we set a course for the next three years. My focus will be to strengthen and stimulate the representation of our members in financial institutions with the aim of contributing to the development of the financial markets to benefit our profession. At the same time, I will work with the training and qualifications team to continue growing our programmes and certifications for the benefit of our members and to add to our growing reputation as a leader in areas such as ESG and digital assets.

I would like to thank AAFBR for so kindly hosting the EFFAS 2023 AGM in June in Bucharest along with their conference sponsors, the National Bank of Romania, and the Bucharest Stock Exchange. And APAF, BPI AM and the Lisbon School of Economics for the generous organisational support and sponsoring of the Summer School. I have dearly missed such interactions with individual members which for me is preferable to videoconferencing.

I look forward to the next three-year term and hope to meet more of our membership in person to understand their visions for the future direction for financial analysts.

Best regards,
Dr. Jesús López Zaballos
EFFAS Chairman 

1. EFFAS Annual General Meeting in Bucharest
On the 9th June, EFFAS celebrated its Annual General Meeting, convening our members in the vibrant city of Bucharest. This gathering underscored our shared commitment to advancing financial analysis across Europe, reinforcing existing partnerships, and sparking exciting new collaborations.
In Bucharest, through a very kind invitation, we were able to participate in the Romanian Association of Financial-Banking Analysts (AAFBR)`s 15th anniversary conference at the distinguished National Bank of Romania. This milestone event brought together industry experts, financial professionals, and policymakers from across Europe. We also joined forces with AAFBR in a pioneering event, “Capital markets prospects in the context of European trends,” supported by the Bucharest Stock Exchange (BSE), which follow the EFFAS Chairman opening the day`s trading by ringing the bell. Read more on both events by clicking the buttons below:
AAFBR´s 15th Anniversary
Ringing the bell at the Bucharest Stock Exchange
2. The EFFAS Summer School 2023 in Lisbon: stretching capital markets for growth
This past 7th of July, EFFAS proudly concluded another successful summer school conference, held in Lisbon. This year the theme was stretching capital markets for growth, exploring topics surrounding the European Capital Markets Union, asset management, and ESG considerations. Click the button below to read the entire blog with all the information on the conference, speakers, and more.
Read the Summer School blog here
3. EFFAS welcomes Marco Ravagli as New Board Member and Re-elects Esteemed Members
We’re excited to announce the election of Marco Ravagli to the EMC (Executive Management Committee) and the re-election of several esteemed members to the EMC board, their dedication and exceptional leadership continue to add immense value to EFFAS and the broader financial community.
Full story here
4. EFFAS certification programmes gain further market recognition
Thanks to the efforts of our European member associations and value-added partners across the world the CESGA and ESG Essentials programmes can officially count towards your professional development.
Click here for details
5. EFFAS´ response to the publication of the ISSB Sustainability Standards
EFFAS was pleased to participate in the various events celebrating the launch of the new ISSB Standards Launch of its inaugural standards IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information) and IFRS S2 (Climate-related Disclosures). The ISSB Standards are designed to ensure that companies provide sustainability-related information alongside financial statements. Read more about the launch in NYSE here and in Frankfurt Stock Exchange here.
6. EFFAS Comments on draft ESRS Delegated Act
The EFFAS Commission on Environmental, Social and Governance (CESG) along with the EFFAS Commission on Financial Regulation (CFR) have cooperated to produce comments on the draft European Sustainability Reporting Standards (ESRS) on behalf of our users. The comments can be found by clicking here.
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