Articles Published 20.03.2017Back
Source: The European Banking Federation
The European Banking Federation (EBF) appreciates the opportunity to comment on the progress of the European Commission’s Capital Markets Union (CMU) Action Plan at its mid-term review.
The EBF commend the Commission for undertaking this initiative to build capacity in capital markets in all European Member States and to remove obstacles to the cross-border flow of capital.
"In our response paper, we examine the progress to date and remaining challenges in terms of (i) Regulation, (ii) Supervision and (iii) Technology".
In particular, the EBF recommends that the Commission takes the following actions to contribute to the success of the CMU and to achieve successful implementation of its action plan going forward:
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