Last week, the EU Commission launched a public consultation on the Capital Markets Union (CMU) Mid-Term Review. Through the Mid-Term Review, the EU Commission aims to track progress of the CMU Action Plan; reframe actions in light of work undertaken so far and evolving market circumstances; and consider adding new complementary measures to the CMU Action Plan to tackle key challenges. The consultation provides an opportunity to feed into the Commission’s revision of the CMU Action Plan.

The Commission’s Consultation Paper invites suggestions on measures that focus on delivering the overarching policy goals of the CMU: (i) financing for innovation, start-ups and non-listed companies; (ii) making it easier for companies to enter and raise capital on public markets; (iii) investing for long term, infrastructure and sustainable investment; (iv) fostering retail investment and innovation (v) strengthening banking capacity to support the wider economy; and (vi) facilitating cross-border investment.

The Commission is aiming to complete the Mid-Term Review in June 2017. AIMA will consider developing a response in consultation with members. If members have any questions, please contact Adam Jacobs-Dean, Oliver Robinson or Adele Rentsch.