Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

12 May 2015

イングランド銀行、欧州委員会の資本市場同盟に関するグリーンペーパーへコメント、イニシアチブを強く支持も規制・監督体制の変更は不要と改めて主張


Default: Change to:


The Bank of England strongly supports the initiative, whose aim is to maximise the benefits of capital markets and non-bank financial institutions for the real economy.


In developing its response, the Bank has built on its previous paper entitled ‘A European Capital Markets Union: implications for growth and stability’.

The response sets out policies, grouped under five themes, to address impediments to achieving CMU. These are aimed at capturing a clear set of economic benefits for the whole EU, while seeking to preserve and strengthen economic stability.

They include consideration of measures to improve liquidity of corporate credit markets, increase equity finance for small businesses, address the barriers posed by insolvency regimes and tax and revive securitisation markets.

A successful CMU does not require institutional change, which could well pose risks to financial stability.

The closing date for the consultation is 13 May. It is expected that the European Commission will publish an Action Plan on Capital Markets Union later in 2015.

Full response



© Bank of England


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment