One year after unveiling a new action plan to strengthen capital markets in the European Union (see EUROPE B12567A3), the European Commission, on Thursday 25 November, tabled four legislative proposals to make the Capital Markets Union (CMU) a reality, while the banking sector still accounts for 80% of the financing of the real economy.
“Today’s proposal will attract and protect investors, improve their access to company and trading data, making easier for small businesses to find...