AFME is pleased to publish its new report titled ‘Scaling up and integrating EU capital markets’, outlining its vision and recommendations on the future of EU capital markets. 

In the report, AFME calls for a revigorated CMU which can be achieved by focussing on: 

• increasing market liquidity, 
• relaunching the EU securitisation market and 
• modernising the regulatory and supervisory ecosystem.  

After a decade which has seen multiple initiatives put forward under two iterations of Capital Markets Union Action Plans, the role and capacity of the EU’s capital markets has unfortunately not changed substantially. An integrated and liquid European capital market is an essential element of the EU’s future competitiveness on a global stage. AFME strongly supports the fresh political momentum to advance CMU and encourages the Commission and the co-legislators to define and agree on a set of transformative measures as the time has come to deliver changes in practice.