As announced in its 2020 Action Plan (see EUROPE B12562A9), the European Commission published, on Wednesday 9 June, a toolkit of indicators that will be used by its services to measure progress on the Capital Markets Union (CMU). The introduction of indicators was also recommended by the European Court of Auditors in a November 2020 report (see EUROPE B12600A36).
“These indicators will help identify whether certain rules need to be adjusted to boost Europe’s capital markets or if new...