Group of Investment Funds Management Associations at the CCE Admitted as Full Member of EFAMA

After the two years period of observer status in European Fund and Asset Management Association (EFAMA), Group of Investment Funds Management Associations at the CCE is admitted as the full member of EFAMA on the annual EFAMA assembly, in Malta on June 17th. Along with the Croatian group of associations, Cyprus association is admitted as well.

“Full membership of our group shall contribute to the promotion of Croatian fund industry, not only in EU, but beyond”, said the president of the group Hrvoje Krstulović. He explained that the statistics of fund industry is included in regular monthly, quarterly and annual analysis and publications of EFAMA. “We represent the direct participants of the regular assemblies. Cooperation on the educational level and on the level of sharing experiences is really important to us”, said Krstulović, adding that the representatives of EFAMA are regular participants of the fund industry conference in Croatia.

Krstulović represented the Group and Croatian fund industry in general, with special emphasis on trends and statistics of the fund industry, legal framework, tax issues and the role of the Group in the process of promoting fund industry and development of financial literacy of the citizens and business subjects.

Other national associations in the EFAMA include the associations from Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, France, Germany, Greece, Malta, Hungary, Ireland, Italy, Lichtenstein, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey and Great Britain. Along with the national associations, other members include corporative and associate members.

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