TY - UNPD A1 - Krahnen, Jan Pieter A1 - Pelizzon, Loriana T1 - Priorities for the CMU agenda T2 - SAFE policy letter series ; 85 N2 - The European Commission is trying to reboot the CMU project: The High-Level Forum on Capital Markets Union – a group of 28 selected experts from industry, academia and civil society – is expected to submit policy recommendations by the end of May 2020 which will feed into the Commission’s new CMU agenda. This contribution is largely based on a letter to the High-Level Forum that gives feedback on the Interim Report published in February. There, we introduce a comprehensive approach to distinguish, from a functional finance perspective, between the ‘game changers’ and what is nice to have. We highlight the importance of common and consistent supervisory practices across Member States and recommend building up a European Securities and Exchange Commission (E-SEC) according to the American model. T3 - SAFE policy letter - 85 KW - CMU KW - High-Level-Forum KW - Interim Report Y1 - 2020 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/53448 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-534482 UR - https://safe-frankfurt.de/policy-center/policy-publications/policy-publ-detailsview/publicationname/priorities-for-the-cmu-agenda.html PB - SAFE CY - Frankfurt am Main ER -