European Capital Markets Institute - ECMI

ECMI is managed in-house by @CEPS_Thinktank. Updates by Karel Lannoo, Apostolos Thomadakis, Beatriz Pozo and Alice Orlandini.

[European Capital Markets Institute - ECMI @ECMI_CEPS]

If 🇪🇺Europe wants #securitisation, it needs investors on board.

The securitisation debate rightly focuses on banks, but a functioning market needs issuers (including non-bank originators) and investors able and willing to buy, hold and absorb the risk.

🔗https://t.co/kb1xNh27QF

[European Capital Markets Institute - ECMI @ECMI_CEPS]

Join us for our seminar on simplifying 🇪🇺EU financial regulation and strengthening supervision!

We'll discuss the findings of the latest CEPS-ECMI-ECRI Task Force Report (🔗https://t.co/AMMKPUtcq3).

🗓️16 June, 13–14:30
📍@CEPS_thinktank

REGISTER HERE👉https://t.co/oReyKpbRzG

[European Capital Markets Institute - ECMI @ECMI_CEPS]

The 🇪🇺#MISP package wants to fix capital markets fragmentation in one go. @karel_lannoo welcomes this ambition – given the urgency for more market finance & the lack of private investments, but raises a critical question: is this too much, all at once?

🔗 https://t.co/YftzEUDdzL

[European Capital Markets Institute - ECMI @ECMI_CEPS]

💰Private credit’s problem isn’t illiquidity — it’s the illusion of liquidity.

The EU should ensure clear disclosure of semi-liquid structures & honest communication of the liquidity bargain.

Gates are not the problem. Misunderstanding liquidity is.

🔗https://t.co/zSromhh5e3

[European Capital Markets Institute - ECMI @ECMI_CEPS]

📢Call for sponsorship – ECMI Annual Conference!

In November 2026 we will celebrate 20 years of ECMI with our 16th Annual Conference!

🤝For this special anniversary edition, we are looking for sponsors who would like to support & shape the discussion.

🔗https://t.co/VMBK1gPeEs

[European Capital Markets Institute - ECMI @ECMI_CEPS]

🇪🇺 needs a more competitive financial system. But giving supervisors a secondary #competitiveness objective is the wrong path. It risks exposing supervisors to political & industry pressure precisely where clarity, independence & discipline matter most.

🔗https://t.co/aBp9OzkLZB

[European Capital Markets Institute - ECMI @ECMI_CEPS]

This Friday, our Head of Research will be speaking at the 🇪🇺@EU_EESC Expert Hearing on the 28th Regime!

He will present his analysis and considerations about the #EUInc legislative proposal to the members of the EESC Study Group 👇

[European Capital Markets Institute - ECMI @ECMI_CEPS]

Today, most provisions of #AIFMD2 start applying. While AIFMD moves in the right direction, what matters is how rules are applied.

Following recent redemption limits in private credit, we look at what this signals for liquidity risk.

READ HERE: https://t.co/zGE10aqJny

[European Capital Markets Institute - ECMI @ECMI_CEPS]

🇪🇺Europe needs more credit – and better ways to share risk.

With the right legal, regulatory & institutional support, #securitisation can become a credible channel for long-term finance and help strengthen Europe's financial resilience.

Read our study: https://t.co/IfIy31BaoB

[European Capital Markets Institute - ECMI @ECMI_CEPS]

Next week at the @Europarl_EN, our Head of Research Dr. Apostolos Thomadakis will participate in a panel discussion dedicated to the #singlemarket, organised by @EuroCommerce as part of its Retail & Wholesale Week 👇

🔗Learn more: https://t.co/uWZYUpeoQH

[European Capital Markets Institute - ECMI @ECMI_CEPS]

Our latest report explores how the 🇪🇺's regulatory & supervisory framework affects its financial system's #competitiveness – & what can be done to improve it:
1️⃣Improving how rules are designed & adopted
2️⃣Enhancing how rules are implemented & enforced

🔗https://t.co/1LkY2dZ1WQ

[CEPS ThinkTank @CEPS_thinktank]

Europe's financial problem isn't a lack of rules.

If anything, it is too many – making it difficult to operate as a true single market.

An expert commentary by Apostolos Thomadakis shares findings from a recent CEPS-@ECRI_CEPS-@ECMI_CEPS task force and calls for a simplified financial system.

Read it here: https://t.co/iLTpfgxhFE

[CEPS ThinkTank @CEPS_thinktank]

A new report from a CEPS-@ECRI_CEPS-@ECMI_CEPS joint Task Force examines how Europe’s financial regulatory and supervisory framework affects the competitiveness of its financial system – and what can be done to improve it. 💶🇪🇺

Read it here: https://t.co/gN428M7mMH

[CEPS ThinkTank @CEPS_thinktank]

Europe doesn't lack savings – it lacks conversion.

A new @ECMI_CEPS publication by Apostolos Thomadakis takes a closer look at Savings and Investment Accounts (SIAs), asking whether they can live up to their promises of leveraging European savings for large-scale investment priorities.

Read it here: https://t.co/30bR7tXQGl

[European Capital Markets Institute - ECMI @ECMI_CEPS]

Our Head of Research will be speaking at the @EFFAS Capital Markets Forum this Thursday 👇

His presentation will explore how retail investment can play a key role in deepening the Savings and Investments Union and strengthening 🇪🇺 #capitalmarkets.

🔗 https://t.co/tpjs33ytP3

[European Capital Markets Institute - ECMI @ECMI_CEPS]

Next week, @karel_lannoo will participate in the first DG FISMA implementation dialogue of 2026, hosted by 🇪🇺Commissioner Maria Luís Albuquerque👇

💬The discussion will focus on European venture capital and growth capital funds.

LEARN MORE: https://t.co/t3xS3iaHCu

@EU_Finance

[European Capital Markets Institute - ECMI @ECMI_CEPS]

💰 SIAs can be a practical lever for 🇪🇺's investment agenda – but only if they’re treated as mass-market infrastructure: simple for individuals, workable for providers, light for administrators, stable over time & interoperable across borders.

READ HERE: https://t.co/aWUWOkYQFZ

[European Capital Markets Institute - ECMI @ECMI_CEPS]

Next week, our Head of Research will participate in the @POLITICOEurope Competitive Europe Summit, joining a panel on how to remove internal barriers within the 🇪🇺 #singlemarket & exploring the potential of the 28th regime to advance integration👇

🔗 https://t.co/VvJZ6GALH1

[European Capital Markets Institute - ECMI @ECMI_CEPS]

Our Head of Research Apostolos Thomadakis will participate in the upcoming Dynamic Competition Initiative / @fordynamism workshop on the 28th Regime next week 👇

💡 The session will focus on how to shape 🇪🇺Europe’s innovation and competitiveness agenda.

@BerkeleyHaas
@eui_law

[European Capital Markets Institute - ECMI @ECMI_CEPS]

Our General Manager @karel_lannoo will participate in the next @Ethics_Board roundtable on the role of CFOs — bringing his perspective on where regulatory expectations, market developments & competitiveness pressures translate into ethical dilemmas and accountability tensions 👇