The European Commission’s High-Level Forum on the Capital Markets Union has published an interim report setting out its vision for the future of European capital markets. The CMU is an EU initiative which aims to enhance integration of EU capital markets, further safeguard financial stability, strengthen the international role of the euro and diversify sources of finance for small- and medium-sized enterprises. The High-Level Forum was established in November 2019 and consists of experienced industry executives and international experts who will work together to propose policy recommendations designed to contribute to the CMU. The interim report identifies the following as key aims of the CMU:
Going forward, the forum intends to focus on the more challenging aspects of the EU’s CMU Action Plan. These include tackling the challenges facing the following areas:
The final High-Level Forum report will be published in May 2020.
View the High-Level Forum's interim report.
View details of the European Commission's Communication on progress in the Capital Markets Union.
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