Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 9, 2022 erstellt
Description:
The present article contains a brief but comprehensive overview of the development of the Capital Markets Union (CMU) project in the EU to further deepen EU capital markets’ integration. After the Introduction, it first discusses the Commission’s 2015 CMU Action Plan and its follow-up, including the June 2017 “Mid-Term Review” (Section 2), which triggered the adoption by the European Parliament and the Council of several legislative acts in that field during the period 2017-2019 (Section 3). Then, the focus is on the Commission’s new (2020) CMU Action Plan, which is directly linked to its initiatives relating to digital and sustainable finance, and on the initiatives taken by the Commission, predominantly as set out in its 2021 CMU package, for its implementation (Section 4). Section 5 concludes