AECM, the European Association of Guarantee Institutions, is a member-based non-profit international association, founded in 1992 to represent its members towards EU institutions, to facilitate the knowledge exchange between its members and to promote the guarantee instrument.
AECM pursues the following three main aims:
AECM represents the political interest of its member organisations both towards the European Institutions, such as the European Commission, the European Parliament and Council, as well as towards other, multilateral bodies, among which the European Investment Bank (EIB), the European Investment Fund (EIF), the Bank for International Settlement (BIS), the World Bank, etc. It deals primarily with issues related to state aid regulation relevant for guarantee schemes within the internal market, to European support programmes and to prudential supervision. It has also dealt with the policy response to the financial crisis.
Exchange of best practices
AECM serves as platform for exchange of best practices on a variety of operational issues. For this purpose, AECM has set up working groups and organises annual seminars, operational training sessions as well as specific ad-hoc events on selected issues.
Promotion of guarantee instruments
AECM undertakes surveys on the guarantee sector, provides relevant technical information, statistics, newsletters as well as other publications to promote the guarantee instrument. It takes part as a sector representative in events both in Europe as well as beyond.