The European Commission has published the proposed ‘Roadmap‘ for its retail investment strategy. The strategy, which forms part of the Commissions September 2020 Capital Markets Union Action Plan, aims to ensure that consumers who invest in capital markets can do so with confidence and trust, that market outcomes are improved and that consumer participation is increased. It will seek to achieve this primarily by focusing on ensuring a coherent regulatory framework by, for example, harmonising rules and disclosures currently spread across a number of pieces of legislation.
The Commission is of the view that if more consumers invest in capital markets, channelling capital to private sector firms, that could help the process of economic recovery after the economic fallout from the COVID-19 pandemic.
Consultation on the ‘Roadmap’ will remain open until 18 May 2021.