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JAN – JULY 2016
EFB Summit Lisbon

This year’s summit will be held from the 17th and 18th of November in Lisbon. President Marcelo Rebelo de Sousa will deliver the keynote address.

EFB meets Vice-President Katainen

Chairman Alfonso Líbano, Secretary General Casado and Leena Morttinen, Director of Finnish Family Firms Association, met with the Vice-president to highlight some pressing issues for the family business community in Europe.

EFB General Assembly

In May, EFB held its first GA of the year and Alfonso Libano chaired his first assembly as EFB’s President.

Global Tax Monitor

Following on the tails of the first Tax Monitor report, released in April 2014, where tax regimes across 23 European countries were reviewed – The second edition, conducts analysis on a global level with over 40 countries explored (includes Americas, Europe, Middle East, Africa, Asia, and Oceania).

European Family Business Barometer

The 2016 edition of the Barometer is nearing release. The online platform closed on the, EFB would like to thank you for your taking the time to answer the questionnaire and we will be releasing the results in September.

SME Envoy Network

The Network of SME Envoys is currently working on an SME Action Programme which aims to refocus all the underlying challenges and opportunities that are facing Europe’s small and medium sized enterprise. The programme is being split into 5 chapters: Smart regulation, Access to finance, Entrepreneurship, Skills and Training, and Digitalisation. Within these chapters, the family business community is being covered through the transfer of business and the topic of debt vs equity. The SME Action Programme is likely to be release around the end of the 2016.

EU Project on Family Business Statistics

EFB can finally reveal the countries that will participate in the EU funded programme to gather statistics on family business. Launched in 2015, the European Commission’s call for tender on ‘Statistics for Family Businesses’ is finally under way.

EU pushing for more transparency on Beneficial Ownership

On the 5th of July the European Commission released an amending proposal to the 4th Anti Money laundering Directive which included provisions for Member States to create a central business register of beneficial ownership. The new proposal will require Member States to bring forward the date for effective transposition of the Directive by the end of 2016. In addition, along with a more urgent implementation date the amended proposal makes provisions now for full public access to the central business registers which was not the case in the original directive.

Andorran Family Businesses

On the 31st of May, EFB welcomed the association of Andorran Family Businesses into the European network of family enterprises.