Skip to main content
Become a member
  • Register
  • Login

Register Login
Press Releases

Capital Markets Union can help solve Europe’s growth problem - IoD

18 Feb 2015

Responding to the publication of the European Commission’s Green Paper for Capital Markets Union, the Institute of Directors has welcomed the Commission’s aims while warning against the temptation to rush through any short-term legislative fixes which may increase the regulatory burden for businesses.

Allie Renison, Head of Europe and Trade Policy at the Institute of Directors said:

“The aim of a capital markets union is a worthy one. Smoothing the flow of money across Europe and allowing companies and individuals to access different sources of finance from across the EU has clear benefits. As businesses increasingly shun traditional sources of capital, the need for ambitious reform in this area becomes even clearer.

“Both the cultural and architectural barriers which stand in the way of this project raise challenges for the European Commission, though. It is clear that the broad brush of legislation will not be a silver bullet. The Commission will need to work with the finance sector to deliver a framework which promotes industry-led initiatives that boost lending to smaller companies across the continent, such as encouraging fund managers to underwrite small-scale loans.

“Therefore, for this project to work, Europe will have to move beyond its latent suspicion and mistrust of financiers, investors and banks. For capital markets to be part of the solution we have to stop treating the financial sector as part of the problem.”


Picture of the 2018 Professional Development Portfolio

You decide how high you reach and how far you go with the IoD. Download your autumn/winter training calendar now.

Download here


Contact IoD West Midlands

For more information, please contact

0121 643 1868

West Midlands

Branch and staff contacts can be found on the main Contacts tab

IoD West Midlands
iHub Office
Colmore Gate
2-6 Colmore Row
Birmingham
B3 2QD