Commission Environment, Social and Governance

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    Capital Markets Commission

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    Financial Accounting Commission

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    Training and Qualification Commission

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Dr. Jesus López Zaballos has been re-elected as Chairman of EFFAS for a new period of 3 years.


Jesús López Zaballos, , has been re-elected President of the European Federation of Financial Analysts, EFFAS (European Federation of Financial Analysts Societies), representing the IEAF. This re-election, which extends the presidency of the Spanish representative for three more years, has been formalized in the general assembly of this organization, held in Madrid, and has been unanimously approved by a proposal of the board of directors. hellow world!

In this third consecutive term of the Spanish representative, chosen for the first time in 2012, EFFAS's priority challenges will be to analyze the changes in the role of analysts and investment managers in the face of the challenge of new technologies; Work for the establishment of a mandatory professional certification for analysts and portfolio managers within the framework of the European MiFID II regulation; And to continue to actively collaborate as users of financial information in European bodies such as the European Financial Reporting Advisory Group (EFRAG) or the Extensible Business Reporting Language (XBRL).

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  • EFFAS Diplomas
  • EFFAS Certified Diplomas
  • CIIA Diploma
  • EFFAS E-Learning Platform
icon The CEFA designation was introduced in 1992 as a means of providing a high and uniform standard of training for investment professionals within Europe. The designation comprised seven topic areas based upon the EFFAS syllabus and accreditations of national member society programmes were controlled by the CTQAB (Commission on Training and Qualifications Accreditation Board).
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icon The Governance Model provides EFFAS with the means of developing and recognisingdesignations that are appropriate for investment professionals.
The designations are of two types EFFAS Diplomas and EFFAS Certificates.
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icon EFFAS helped to develop the internationally recognised Certified International Investment Analyst (CIIA®) examinations - for its graduates, a veritable passport to the major financial markets of the world.
The body behind the CIIA® diploma is the Association of Certified International Investment Analysts (ACIIA®) in which over 55,000 investment professionals are registered world-wide.
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icon EFFAS provides students with an e-learning platform, a tool that allows to follow through the web the period of study, as well as self-assess the knowledge acquired, in a comfortable and dynamic way.Students may find from end of April 2014 the following services:
• Contents of the course
• Self-assessment
• Communications
• Library
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Latest News & Events

20 March 2018



On April 11, AIAF organizes the ´Lectio Magistralis´ on THE EUROPEAN REGULATIONS FOR THE CAPITAL MARKETS, by Mr. Ugo Bassi, Director, DG FISMA - Financial Markets at European Commission. The presentation, which will be held at MILAN, will be opened by Mr. López Zaballos, EFFAS Chairman, and Mr. Borgia, Chairman of AIAF. More information here (images/pdf/201804_%2...