Almost ten years after the European Commission action plan on building a capital markets union (CMU) and despite … mutual recognition may lead to a (cost-)efficient and standardized legal framework for capital markets. Lastly, the note … addresses the political economy conflict that underpins the implementation of both models for integrating capital markets. We …

Almost ten years after the European Commission action plan on building a capital markets union (CMU) and despite … mutual recognition may lead to a (cost-)efficient and standardized legal framework for capital markets. Lastly, the note … addresses the political economy conflict that underpins the implementation of both models for integrating capital markets. We …

(macroprudential framework, systemic risk assessment, and stress testing), financial crisis management, financial inclusion and capital … markets development. The financial sector statistics module focused on key data gaps hampering financial stability analysis as …

The European Union requires a single market for capital. Well-developed and integrated capital markets support economic … ECB and the current policy debate on CMU. First, it suggests facilitating access to capital markets, via the creation of a … new standard for a European savings and investment product. Second, it emphasises the importance of expanding capital …

internal capital markets, offset this credit supply shock through internal funding, shielding them from negative real effects …. We find that non-UK subsidiaries play a crucial role in internal capital markets by securing external financing and … imply negative real effects, firms integrated into global networks mitigate these impacts through internal capital markets. …

internal capital markets, offset this credit supply shock through internal funding, shielding them from negative real effects …. We find that non-UK subsidiaries play a crucial role in internal capital markets by securing external financing and … imply negative real effects, firms integrated into global networks mitigate these impacts through internal capital markets. …