Capital Markets Union [What Think Tanks are thinking]

27-02-2015

PDF version On 18 February, the European Commission unveiled further details of its proposed Capital Markets Union (CMU), its flagship plan to strengthen the economy of the euro area and the European Union by making it easier for companies to raise money on stock and bond markets. Publishing a Green Paper, the Commission launched a public consultation on its project to forge a truly single market for capital. It aims, among other things, at standardising prospectuses that companies publish to issue stocks and bonds, making it easier for investors to get credit information on small companies asking for cash, and facilitating securitisation, that is, pooling together various types of debt to create a new class of high-quality asset-backed financial instruments. This note highlights a selection of recent studies, reports and commentaries by some of the major international think tanks and research institutes that analyse the question of the CMU.

PDF version On 18 February, the European Commission unveiled further details of its proposed Capital Markets Union (CMU), its flagship plan to strengthen the economy of the euro area and the European Union by making it easier for companies to raise money on stock and bond markets. Publishing a Green Paper, the Commission launched a public consultation on its project to forge a truly single market for capital. It aims, among other things, at standardising prospectuses that companies publish to issue stocks and bonds, making it easier for investors to get credit information on small companies asking for cash, and facilitating securitisation, that is, pooling together various types of debt to create a new class of high-quality asset-backed financial instruments. This note highlights a selection of recent studies, reports and commentaries by some of the major international think tanks and research institutes that analyse the question of the CMU.