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By Simon DENIS, Partner, Tax, Alternative Investments and Mesut YILMAZ, Manager, Tax, Alternative Investments, KPMG Luxembourg
The Action Plan for a Capital Markets Union published by the European Commission back in 2020 highlighted that the EU corporate sector is highly indebted, creating a pressing need for additional funding - and this remains true today.
The EU’s competitiveness will depend significantly on the openness of its financial system to global investors. In recent years, funding through bonds and private equity has increasingly complemented traditional bank lending. The benefits of the alternative investment industry for the EU economy are widely recognized by EU authorities, reinforcing the need for an appropriate framework for...
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