Capital-markets union is now being debated prior to a consultation - TopicsExpress

Capital-markets union is now being debated prior to a consultation of those involved and the drafting of a specific action plan by the Commission by mid-2015. The shape this project is to take and its priorities are still hazy. Measures that support the design of truly pan-European financial instruments might be taken but they may also lead to the harmonisation of judicial and fiscal regulations governing funded companies. Fulfilling the potential of the single capital market will require a series of coherent policies whose leitmotif should be to promote improved investor protection, market attractiveness and a European risk culture.

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