The ESA Review confirmed the importance of the European Supervisory Authorities and the European Systemic Risk Board, established 10 years ago, but only led to limited changes in
As the von der Leyen Commission reflects on how to strengthen market finance in Europe, global markets are moving on.
After Brexit, the UK’s financial industry will lose its EU ‘passport’.
As the EU sets its priorities for the next five years, a rigorous assessment of the Capital Markets Union (CMU) and a new focus is required.
As a follow-up on the mid-term review of the capital markets union action plan, the European Commission has committed to assess the drivers of equity investments by insurance com
The likelihood of severe contractions in an asset’s liquidity can feed back to the ex-ante risks faced by the individual providers of such liquidity.
The European Union needs an action plan to stimulate market finance across EU markets.
The paper investigates the behaviour of credit rating agencies (CRAs) using a natural experiment in monetary policy.
While ESG data has come a long way, investors acknowledge multiple challenges related to materiality, reliability, and comparability.
The Mifid II rules are leading to broader participation in capital markets by Europe’s savers.
Not much is left of the Personal European Pension Product (PEPP) as intended by the European Commission in June 2017.
