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ARTICLE · 30 SEPTEMBER 2020

Capital Markets Union Action Plan

Matheson
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The European Commission (the "Commission") published a new Capital Markets Union ("CMU") action plan (the "Action Plan") on 24 September 2020 designed to ensure greater access to market financing across the European Union.

European UnionFinance and Banking
Alan Keating
Alan Keating
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The European Commission (the "Commission") published a new Capital Markets Union ("CMU") action plan (the "Action Plan") on 24 September 2020 designed to ensure greater access to market financing across the European Union ("EU"), in particular as a means of financial recovery from the COVID-19 pandemic.

The CMU is a plan to create a single market for capital.  The aim is to get money - investments and savings - flowing across the EU so that it can benefit consumers, investors and companies, regardless of where they are located.

While progress has been made since the adoption of the 2015 CMU Action Plan, EU capital markets remain fragmented.  This means that EU citizens and businesses are not able to fully benefit from the deep, competitive, efficient and reliable sources of funding and investment that a true single market for capital in the EU can offer.  A strong and complete CMU is needed now more than ever, in order to support the economic recovery following

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