Verlagsinfo: Le mouvement de globalisation des économies favorise le développement des unions régionales. Parmi tous les accords existants, l'Union européenne fait figure de précurseur. C'est l'ensemble qui a poussé le plus loin le processus d'intégration institutionnel et économique à...

The Capital Markets Union (CMU) is a flagship project of the European Commission that promotes a deepening of the financial markets. It aims at opening up new sources of funding for SMEs, as well as improving the matching between savers and borrowers. Additionally, CMU is supposed to increase...

Almost ten years after the European Commission action plan on building a capital markets union (CMU) and despite incremental progress, e.g. in the form of the EU Listing Act, the picture looks dire. Stock exchanges, securities markets, and supervisory authorities remain largely national, and, in...