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13.05.2015 10:27 Age: 2 yrs
Category: Position papers

Better Finance publishes its response to the European Commission Consultation on “Building a Capital Markets Union”


Better Finance is very supportive of the new Commission’s major initiative on the Capital Markets Union (CMU) so that more citizens will stand to benefit from a real single market for savings and investment services.

We believe it is important for the CMU and retail market integration not to be treated as separate initiatives since more efficient retail markets result in a more efficient transmission of capital through the system to the benefit of the real economy.

Likewise, improving the efficiency of capital markets and preventing dangerous behaviour in wholesale and institutional markets from emerging and being transmitted throughout the supply chain, results in safer financial products at a better value for households and the real economy

Please read our response here.

 

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