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By Gilles WALERS, Legal Adviser, ABBL
Following the building of the European Banking Union and the ensuing integration of the banking sector from a regulatory and supervisory perspective, the Capital Markets Union (CMU) project officialized by the CMU action plan of September 2015 aims fundamentally to make it easier for EU companies to get the financing they need to grow.
For such purpose, the CMU action review consequently in light of the lack of significant progress by the mid-term review of June 2017 as well as the last progress report in November 2018 and the call for ambitious progress in spring 2019 builds fundamentally on seven pillars:
- Financing of innovation, start-ups and non-listed companies
- Easing the entry...
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