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.
One year on, MiFID II is working and firms have adapted to the burdensome new set of rules.
In the aftermath of the 2007-09 global financial crisis, regulators in all major jurisdictions introduced significant new requirements for financial firms.
This paper provides an overview of the key findings observed in the 2018 ECMI Statistical Package, a comprehensive and annually updated database on the dynamics
Four years after its launch, opinions on the success of the CMU project are mixed.
Well-functioning, deeper and highly integrated European capital markets are expected to play a greater role in providing alternative corporate funding, better savings/investment
