After a year-long exercise with a wide group of stakeholders, including academics, policy-makers and industry experts, CEPS and ECMI will launch the final report of the European Capital Markets Expert Group (ECMEG).
The Final Report is a comprehensive overview of financial integration in Europe and major barriers to capital market integration. The Capital Markets Union (CMU) project is an opportunity to rethink integration after the recent financial and sovereign crises. Building on an extensive literature review and data analysis, the report assesses the role of private risk sharing to advance a union of capital markets and boost a dormant single market for goods and services. The report includes the following chapters: a brief history of the European Union policies for financial integration; why Europe needs more capital market integration; European financial market structure and integration in the CMU era; and how to design an action plan to identify and prioritise policy actions to overcome barriers to capital market integration. The report will be released on the day of the launch event.