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Public consultation on covered bonds in the European Union


The Consultation Paper falls under the scope of the Capital Markets Union project and evaluates signs of weaknesses and vulnerabilities in national covered bond markets as a result of the crisis, with a view to assessing the convenience of a possible future integrated European covered bond framework that could help improve funding conditions throughout the Union and facilitate cross-border investment and issuance in Member States currently facing practical or legal challenges in the development of their covered bond markets.

The Consultation Paper will trigger a debate with stakeholders on the feasibility and potential merits of greater integration between covered bond laws.

Target group

All citizens and organisations are welcome to contribute to this consultation. Contributions are particularly sought from participants in covered bond markets, such as investors, issuers and public authorities.

How to submit your response

Please note that in order to ensure a fair and transparent consultation process only responses received through the online questionnaire will be taken into account and included in the report summarising the responses.

Contact details

Responsible services:
DG Financial Stability, Financial Services and Capital Markets Union
Unit D1 – Bank regulation and supervision
Unit D2 – Banks and financial conglomerates
Postal address:
European Commission
SPA2 04/013
1049 Brussels

Protection of personal data and privacy statement

Results of consultation and next steps

We have received 76 responses and thank all those who have contributed to this consultation.