Claude Moraes (S&D), in writing. − London alone is home to hundreds of thousands of SMEs, and austerity measures in the UK have made it particularly hard for these companies to obtain credit from banks. This report uses regulation to make SMEs more visible to investors and markets more attractive and accessible for SMEs. Regulatory changes will keep the right balance between prudential regulation and financing of SMEs, and between investor protection and tailored measures for SMEs. It also uses the EU budget to facilitate access to finance for SMEs and to address the key market failures (i.e. information asymmetries and fragmentation of venture capital market) that limit the growth of SMEs. I am happy with the inclusion of wording for the protection of health and social standards for employees.