The High Level Forum on the Capital Markets Union (CMU), set up by the European Commission last October (see EUROPE B12346A26), is expected to publish its interim report next week, before issuing its final policy recommendations by the end of May 2020.
According to the draft text, obtained by EUROPE, one should not expect a list of concrete actions, but rather a presentation of the “new vision” of the CMU that will guide the future work of the forum.
The draft report begins by...