“We are not stopping here”: EU Commission announces capital markets package
Mairead McGuinness (Credit: Alexandros Michailidis, Shutterstock)
The European Commission has revisited its six-year-old attempt to create a capital markets union, announcing measures on consolidated tape, rolled-back open access, and cross-border delegation of portfolio and risk management outside the EU, in an attempt to address the fragmentation of the bloc’s trading venues and increase its ability to compete with London and New York.
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