The High Level Forum on the Capital Markets Union (CMU), set up by the European Commission last October (see EUROPE B12346A26), delivered its final recommendations on Wednesday 10 June.
The 100-page report presents a “new vision” for the CMU that will guide the Commission’s future work. The report points out that completing this work has become more urgent than ever with Brexit and, recently, the Covid-19 pandemic.
This is not a “menu” of options, said Forum President Thomas...