Action plan on building a capital markets union
In September 2015 the European Commission adopted an action plan setting out a list of over 30 actions and related measures to establish the building blocks of an integrated capital market in the EU by 2019.
Mid-term review of the action plan
In June 2017, the Commission published a mid-term review of the CMU action plan. The aim of this review was to update and complete the CMU programme by strengthening existing actions and introducing new measures in response to evolving priorities and challenges.
Implementing the action plan
The Commission is regularly monitoring progress in the implementation of the CMU action plan to ensure that this important reform project remains on track.
- 30 May 2017: The EU reaches agreement on reviving securitisation market
- 30 May 2017: The EU reaches agreement on proposed amendments to the European Venture Capital Funds (EuVECA) and the European Social Entrepreneurship Funds (EuSEF) regulations
- 11 April 2017: Public hearing on the capital markets union mid-term review
- 20 March 2017: Capital markets union roundtable on SME access to finance
- 7 February 2017: Capital markets union: roundtable on fostering retail investment in capital markets
- 20 January 2017: Public consultation on the capital markets union mid-term review
- 22 December 2016: European Commission appoints members of the High-Level Expert Group on Sustainable Finance
- 14 September 2016: Communication from the European Commission: Capital markets union – accelerating reform
- 25 April 2016: Capital markets union: First status report
Overview of progress achieved and next steps
(last updated on 8 June 2017)
- Financing for innovation, start-ups and non-listed companies
- Making it easier for companies to enter and raise capital on public markets
- Investing for long-term, infrastructure and sustainable investment
- Fostering retail investment
- Strengthening banking capacity to support the wider economy
- Facilitating cross-border investment
- Strengthening the capacity of EU capital markets