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The Association of the Luxembourg Fund Industry (ALFI) welcomes publication of the final report by the High-Level Forum on capital markets union (CMU). ALFI supports the European Commission’s intention to prepare an action plan for a so-called CMU 2.0 to ensure that the potential of European capital markets is fully put to use in the economic recovery efforts, as well as ongoing challenges such as climate change.
The Association has been a strong supporter of the CMU initiative and has actively engaged in it from its inception, actively following up on the proposals made by the Commission such as PEPP and the cross-border distribution of funds. ALFI believes that the investment...
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