The 2024 Annual Review, "Developing European Capital Markets in a Period of Geopolitical Changes", reflects AFME's efforts and achievements over the past year, which has been marked by political and regulatory changes. AFME has continued to drive forward policies that enhance market stability, support economic growth, and protect investor confidence. By leveraging our technical expertise, thought leadership, and strong relationships in both the EU and UK, AFME has led discussions on critical issues. Building on our long-standing relationships, we will continue to collaborate with policymakers to address challenges that will define the future of our industry.