Traduction de «Marché gris des capitaux » (Français → Anglais) :

That is why President Juncker set out as one of his key priorities, the need to build a true single market for capital – a Capital Markets Union for all Member States.

22. Believes that a successful CMU should enable EU companies of all sizes and at different stages of growth to access EU capital markets in a user-friendly, efficient and low-cost manner; believes that regulation should not complicate listings and should not prevent non-listed companies from becoming listed; stresses the need for a streamlined primary market regulatory regime to facilitate raising funds while ensuring appropriate levels of protection for investors; underlines the potential of innovative market-based funding, in particular the opportunities of financial technologies, including crowdfunding and peer-to-peer loans, and ...[+++]stresses the need to streamline the respective regulatory requirements; asks the Commission to give breathing space for the emergence of these new models and to explore and promote them, giving priority to their cross-border dimension and ensuring the reduction of market entry barriers; calls on the Commission to support those Member States with developing capital markets sectors through its Structural Reform Support Service;

70. Believes that the building blocks for a fully functional CMU should be in place no later than 2018; reiterates the demand for a comprehensive analysis of the current situation in the EU capital markets and the existing EU-wide impediments; calls on the Commission to speed up its work on the action plan and put forward legislative and non-legislative proposals as soon as possible to achieve the objective of a fully integrated single EU capital market by the end of 2018;

B. whereas the Commission, in its communication of 27 March 2014 entitled ‘Long-Term Financing of the European Economy’, explored possibilities to take concrete actions in order to diversify funding, develop European capital markets and improve access to financing, especially for SMEs, for instance in the areas of equity and corporate bond markets, simple and transparent securitisation, covered bonds and private placement;

70. Believes that the building blocks for a fully functional CMU should be in place no later than 2018; reiterates the demand for a comprehensive analysis of the current situation in the EU capital markets and the existing EU-wide impediments; calls on the Commission to speed up its work on the action plan and put forward legislative and non-legislative proposals as soon as possible to achieve the objective of a fully integrated single EU capital market by the end of 2018;

53. Calls on the Commission urgently to propose measures to complete the internal market for capital to improve the allocation of capital to businesses in order to revitalise the real economy; believes that further alternatives to bank financing are needed for both large and small and medium-sized undertakings, particularly by improving the conditions for financing through the capital markets and other private sources such as venture funds, peer to peer or equity funds; calls for particular attention to the role of cost of capital for starting and running businesses across Member States and updating the scoreboard accordingly;