Capital Markets Union: new proposals on clearing, corporate insolvency and company listing to make EU capital markets more attractive

The European Commission has on December 7, 2022,  put forward measures to further develop the EU’s Capital Markets Union (CMU):

  • to make EU clearing services more attractive and resilient, supporting the EU’s open strategic autonomy and preserving financial stability.
  • to harmonise certain corporate insolvency rules across the EU, making them more efficient and helping promote cross-border investment.
  • to alleviate – through a new Listing Act – the administrative burden for companies of all sizes, so that they can better access public funding by listing on stock exchanges.

For more information, a press release on the package, a Q&A on the corporate insolvency and listing proposals, a Q&A on the clearing proposal and factsheets (1) & (2) explaining elements of the package are available online.