Capital Markets Union regulation
The Capital Markets Union (CMU) is a flagship project announced by the European Commission (EC) in January 2015.
The CMU initiative is not legislation in itself. It comprises several projects, which collectively aim to create deeper and more integrated capital markets within the EU. The EC aims to diversify sources of financing (for example through better access to capital markets, securitisation and venture capital) and remove barriers to cross-border investments.
The CMU includes any activities, markets or products that may contribute to more integrated capital markets. CMU will directly affect all categories of financial participants: