First published on
10 October 2019 (last update on: 22 November 2019)

Building on its goal to finalise the creation of capital markets union (CMU), the Commission on 10 October 2019 launched a call for expression of interest to join a High-Level Forum (HLF) on capital markets union, with a 7 November 2019 submission deadline (see the press release of 10 October 2019).

The HLF will be an expert group composed of highly experienced industry executives and top international experts and scholars to feed into the work on the future CMU policies.

The group shall propose targeted policy recommendations for future CMU actions, to ensure that citizens and businesses can access capital markets across the EU on equal terms and irrespective of their geographical location.

On 18 November 2019 the Commission announced the composition of the High-Level Forum.

The High-Level Forum will start its work on 26 November 2019.

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Tell us what you think the High-Level Forum should be discussing in the context of capital markets union. What else should the HLF be looking into in your opinion?

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Subgroup meetings

As regards the physical meetings of the HLF, we envisage meetings once a month from November 2019 to June 2020.

Please find the date and time of the first meeting of each of the subgroups:

  • the subgroup on Ecosystem for capital raising with special focus on SMEs
    will meet on 26 November from at 10:30 (coffee and registration from 10:00-10:30) to 16:00.
  • the subgroup on Retail investor participation and diversification of investor base
    will meet on 27 November from at 10:30 (coffee and registration from 10:00-10:30) to 16:00.
  • the subgroup on Pan-European market architecture
    will meet on 28 November from 10:30 (coffee and registration from 10:00-10:30) to 16:00.

The second meeting of the 3 subgroups will take place on 10 December from 13:00.


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Related information

  • Capital markets union

    The capital markets union will create a more integrated capital market in the EU, and a more diversified financial system, unlocking capital in Europe.