This second edition of AFME’s annual report tracks the progress of the Capital Markets Union (CMU) project through eight Key Performance Indicators (KPIs).
It is a joint publication with ten trade associations and international organisations representing global and European capital markets stakeholders.
The report includes a country-by-country comparison of individual EU Member State progress against the CMU’s objectives. This year’s report also includes a new indicator measuring how well EU countries are developing their FinTech ecosystems.
Key findings include:
As the EU begins a new political cycle, there is an increasing focus on the need to further develop the Capital Markets Union. While some of our report’s indicators show a positive trajectory since last year’s results, such as Europe’s global leadership in sustainable finance, it is clear that there is still much work to be done at European and national levels, particularly on making Europe’s capital markets more competitive.
The 2018 first edition of the report can be found here.