Speakers
Objectives
Objectives
This session will assess whether the SIU measures adopted and those proposed under the Market Integration and Supervision Package (MISP) are likely to enhance the attractiveness of EU capital markets for investors and issuers, in terms of liquidity, depth, integration and access to market-based financing, and how their impact may vary across stakeholders and Member States. It will also examine remaining challenges and whether additional regulatory, supervisory or market-led actions are needed to further strengthen the competitiveness and attractiveness of EU capital markets.
Points of discussion
1. Expected market impacts: will SIU proposals materially enhance the attractiveness of EU capital markets?
To what extent are the SIU proposals, including the recently proposed MISP, likely to improve the functioning and attractiveness of EU capital markets, in terms of liquidity, depth, integration and access? What improvements can realistically be expected for investors and issuers? How and when might this contribute to the EU competitiveness objectives recently set out by the Council? How might impacts differ across Member States?
2. Remaining issues and limitations: how may they be tackled?
Are there important aspects of capital market attractiveness that the current SIU proposals are not addressing? If so, what adjustments to the current framework or additional regulatory, supervisory or market-led actions may be needed to deliver deeper, more liquid and more attractive EU capital markets?