CMU heralds new approach to regulation, but can it work?

Jonathan Hill European Commission
By Graham Bippart
30 Sep 2015

The European Commission’s action plan for Capital Markets Union in Europe was largely welcomed by market participants, but some question whether approaching financial regulation without broad legislation can work, and whether the initiatives will come in fast enough to drive growth in Europe.

Jonathan Hill, European commissioner for financial stability, financial services and Capital Markets Union, set out his plan as part of a “down payment” on efforts to drive reform. This includes a plan to reduce risk charges on infrastructure investment by around 30%.

Hill's six-point Capital Markets Union ...

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