
Capital markets union - why now?
The Sound of Economics
00:00
Advancement in European Supervision Mechanisms
Discussion on the success of single supervisory mechanism, establishment of anti-money laundering authority, and the need for a credible EU-level supervisor in European banking supervision. Exploration of securitization benefits, challenges, and the push for converging rules across Europe for market stability. Emphasis on creating a Capital Markets Union, navigating cooperation challenges among member states, and enhancing capital markets to improve competitiveness in the global economy.
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