Commenting on the resignation of Commissioner Hill, Simon Lewis, Chief Executive of AFME, said:

"Lord Hill has done an outstanding job in his time as Commissioner for Financial Stability, Financial Services and Capital Markets Union and in particular by championing the CMU project. There has been much achieved already, including the Cumulative Impact Assessment, for which he should be congratulated and we look forward to working with his successor Commissioner Dombrovskis on this important project. More than ever, given the events of the past few days, it is important that momentum towards delivering these initiatives to support economic growth and prosperity across the EU is maintained."