Dans un papier nommé « Developing EU Capital Markets for SMEs : Mission impossible ? », Apostolos Thomadakis (ECMI) explore la question du financement des PME par les marchés de capitaux. Ces derniers offrent une alternative intéressante aux prêts bancaires mais peinent à s’imposer pour les PME. A ce jour,...
Fewer than ten of the approximately 40 banks that conduct EU business out of London have applied so far for a licence to continue banking in the bloc after Britain leaves, regulatory sources told Reuters. The slow pace of applications is raising concern at the European...
On 6 September 2017, AFME has published a new paper called “The Need for Early Clarity on a Brexit transition”. The paper is intended to i) explain in more detail the importance and necessity of transitional arrangements and ii) summarises AFME’s views on what such arrangements...
FinTech has the potential to transform the provision of financial services. For this reason, public authorities in the EU and beyond have started to investigate the impact FinTech is having on the financial system and its regulation and supervision. The EBA has conducted already a significant...
End of March 2017, Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) of the European Commission launched a public consultation on the operations of the European Supervisory Authorities (ESAs). The consultation was designed to gather evidence from all interested parties on the operations...
Le 17 mai 2017, Euronext a annoncé une série de mesures facilitant l’accès à ses marchés. Ce faisant, Euronext poursuit sa mission d’accompagnement du financement et de la croissance des entreprises en Europe, et ce à chaque étape de leur développement. Ces mesures ont pris effet le...
The European Commission Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) has issued a Feedback Statement on the public consultation on the operations of the European Supervisory Authorities (ESA’s) This document provides a factual overview of the contributions (and does not...
The Governing Council of the European Central Bank (ECB) has adopted a recommendation to amend Article 22 of the statute of the European System of Central Banks and of the ECB. This amendment is intended to provide the ECB with a clear legal competence in...
Oliver Wyman and the Federation of European Securities Exchanges (FESE) announced this week a new report titled "Strengthening Europe's Position in Global Capital Markets" which sets out principles that can guide the development of European capital markets making them more liquid, transparent, and efficient. The...
On 15 June 2017, Finance Watch, the public interest advocacy association working to make finance serve society, submitted its response to the “European Commission’s public consultation on FinTech: a more competitive and innovative European financial sector”. Finance Watch recommends that the EU play an active role...
