The European Commission published a paper (dated January 20, 2017) requesting feedback and general input on revisions to the CMU action plan. The original action plan was published in September 2015 and set out the Commission's proposals for the establishment of the CMU.
The European Commission wishes to publish a mid-term review of the action plan by June 2017, with the review being set up to look at any progress in implementing the CMU action plan and amend accordingly, dependent on responses.
The deadline for such responses is March 17, 2017, upon which the Commission will evaluate all responses and produce a feedback assessment.
The Commission has also promised to hold discussions with relevant stakeholders, notably small and medium enterprises and other institutional investors.
The Commission seeks views from any relevant stakeholders on the action plan – in particular, it seeks views on any relevant revisions to the same on actions that could, inter alia:
- Assist in allowing companies to raise capital on public markets (and enter those markets)
- Create sustainable investment and long-term infrastructure, as well as foster retail investment and cross-border investment
Solidify the capacity of banks to support the economy
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.