13 September 2019
7 proposals for the Capital Markets Union
On 13 September 2019, Bruno Le Maire, Minister of Economy and Finance, addressed the Eurofi Financial Forum 2019 in Helsinki (Finland), setting out 7 proposals for reforming the Capital Markets Union.
The seven propositions
- Name it the Savings and Investment Union
- Propose a European employee savings scheme
- Set up a European reporting standard on social and environmental performance for companies
- Create an EU label for sustainable retail saving products
- Set up an EU action plan on cryptocurrencies
- Work on a common EU position on Libra and on how to improve the efficiency of European payment systems
- Review equivalence regimes with non-EU countries to ensure a genuine level playing field