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Clifford Chance

Clifford Chance

Briefings

EU Capital Markets Union: An overview of key developments in 2022

21 July 2022

The creation of a single market for capital in the EU remains a work in progress, but some key advances have been made so far in 2022

With the backdrop of the global Covid pandemic and the war in Ukraine, it has been noted that it is more critical than ever to deepen and diversify funding sources for companies of all sizes, strengthen Europe's economic resilience and shore up the financial system in order to keep the European economy and European companies competitive. During the first half of 2022, the EU has accordingly taken key steps towards the implementation of the EU Capital Markets Union and its related action plan.

We discuss these recent developments in the third edition of our monthly European capital markets briefing series.

The key trends discussed in this briefing are:

  • Proposals on changes to the Central Securities Depositories Regulation
  • Council agreed positions on ELTIFs, AIFMD and ESAP
  • Listing Act to attract SMEs and deep tech start-ups

Our European Capital Markets team is happy to further discuss these and other topics with you. Do not hesitate to reach out to one of our team members in Europe.

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