In this edition, we present the EU Capital Markets Yearbook 2026, welcome Nicolas d’Hautefeuille as a new member of the EFFAS Executive Management Committee, and congratulate the winners of the Gasperini Awards 2026, recognised just before our CESG Conference in Lisbon.
We also invite you to explore several upcoming initiatives:
AI CFO Executive Workshop: Four online sessions in November exploring the practical applications and governance of AI in finance.
Upcoming webinars: Our ECRA Webinar on 30 October and the Capital Markets Yearbook 2026 presentation on 3 November.
Climate Risk Insights: Our ECRA newsletter returns with a new edition exploring EIOPA’S latest findings.
Kind regards,
Hans Buysse
EFFAS Chair
EFFAS presents the EU Capital Markets Yearbook 2026, offering key figures, analysis and insights into the state of European capital markets.
The publication examines market developments and the challenges and opportunities facing Europe as it advances its Savings and Investment Union.
Nicolas d’Hautefeuille Joins the EFFAS Executive Management Committee
We are pleased to welcome Nicolas d’Hautefeuille, Vice-President and Treasurer of SFAF, to the EFFAS Executive Management Committee, succeeding Florence Priouret.
EFFAS Announces the First-Place Winners of the Gasperini Awards 2026
Congratulations to Sebastian Utz, Manuel Kathan and Raphaela Roeder, awarded first place for their paper “Competition and ESG Misconduct: Evidence from Import Penetration”.
The winning team presented their research on 6 October in Lisbon, ahead of the EFFAS CESG Conference 2026.
EFFAS Events
EFFAS AI CFO Executive Workshop
Join Us Online in November
4 Live Sessions | 17, 20, 24, 27 November 2026
Your next team member may well be an AI agent, and someone has to define its mission, set its limits and answer for its output.
This programme helps finance leaders understand where AI creates value, how AI agents support finance processes and how to govern them responsibly.
Unlocking Business Opportunities from Climate and Environmental Risk Management
ECRA Free Webinar | 30 October 2026 | 9:30 am CET
Join us on 30 October at 09:30 CET for a free webinar exploring how banks can turn climate and nature-related risk management into business opportunities.
Featuring experts from ING, the World Bank Group, Climate Risk Services, and Peter Plochan, Global Climate Risk Management Expert.
Presenting the EFFAS EU Capital Markets Yearbook 2026
Free Online Webinar | 3 November 2026 | 9:30 am CET
Join us on 3 November at 09:30 CET for a free webinar presenting key findings, figures and insights from the EFFAS EU Capital Markets Yearbook 2026.
Featuring Fritz Mostböck (Former EFFAS Chair), Thorsten Müller (EFFAS Deputy Chair) and Prof. Dr. Leef H. Dierks (EFFAS Programme Director).
Education & Resources
Extreme heat in Europe: the financial risks for insurers and pension funds
ECRA Newsletter
Our Climate Risk Insights newsletter is back, bringing you the latest developments and analysis in climate risk management.
In this new edition, we examine EIOPA’s recent findings on extreme heat and the financial implications for insurers and pension funds.
Thank you for your continued engagement with EFFAS. We look forward to seeing many of you at our upcoming events.
For any questions, please contact: a.wagener@effas.com