Mr. Kevin Mudd, from KMG Capital Markets Ltd, says the European Commission’s effort to create a Capital Markets Union (CMU) within the EU must be backed and supported by all parties involved in the financial services sector. However, whilst many barriers have been removed by recent or forthcoming Regulation and Directives, (for instance, EMIR, CSDR and MiFID II), significant steps must still be taken for the creation of a truly unified capital markets industry.
Read full article