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State of the Union 2016: Completing the Capital Markets Union - Commission accelerates reform

14.09.2016: On 14 September 2016, on the occasion of President Juncker’s 2016 State of the Union address, the European Commission has adopted a Communication that sets out the next steps to accelerate the completion of the Capital Markets Union (CMU), a flagship project of the Juncker Commission to boost jobs and growth in Europe. The Communication calls for the rapid completion of the first CMU measures, an acceleration of the next phase of CMU and the development of further priorities.

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Recognising that cyber threats are among the top risks to financial stability, the European Commission welcomes the work done by the G7 Cyber Expert Group to address the increase in sophistication, frequency and persistence of cyber threats in the financial sector. This is essential to promote the consistency of cybersecurity approaches among G7 Partners.
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