EU 2024 series: What to expect from the next European Commission on financial services
While the upcoming European Parliament elections will have more of an indirect impact on policymaking in general, the EU environment for the financial services industry will also be shaped by external factors such as competitiveness, macro-economic and fiscal pressures, geopolitical tensions, and the challenges and opportunities of new technologies. In the context of the Letta and Draghi reports, the need to revive the Capital Markets Union (CMU) and to mobilise private funding to deliver on the digital and environmental “twin transitions” is already emerging as a key priority.
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