The EESC underlines that increased equity funding for European companies is key and therefore strongly welcomes the Listing Act proposed by the Commission;
believes that bringing family-owned companies to capital markets would open up untapped potential to attract capital for growth, and a multiple-voting rights regime helps families to retain control, making listing more attractive to them;
estimates that the publication of a full-scale document, and not only the summary, in national languages would empower local retail investors. Using "English-only" issuance documents would hinder the development of a national retail investment base.
The EESC expected a clearer stance on reducing exposure to UK central counterparties (CCPs) and more specific rules and incentives after Brexit;
asks the Commission to explain the specific definition of the term "urgently", and for the co-legislators to establish which exemptions are considered "urgent" decisions;
proposes that civil society be involved in the monitoring mechanism established under Article 23c, and that the EESC takes part in the Joint Monitoring Mechanism as an observer.
The European Economic and Social Committee backs increased regulation of crypto-assets, with robust, coherent rules to better protect investors across the EU in line with current measures applied to traditional financial services.
In an opinion adopted during its March plenary, the European Economic and Social Committee (EESC) welcomed the European Commission (EC) proposal to implement the remaining elements of the Basel III international standards in the EU. The aim is to strengthen the resilience of the banking sector while ensuring that it continues to finance economic activity and growth. But the EESC also calls on the EC to find a proper balance between faithful implementation, and the need to reflect the specificities of the EU economy and banks.
Just before the summer break, Commissioner Mairead McGuinness joined an extraordinary meeting of the Diversity Europe Group of the EESC to debate the role of finance and banking in Europe's recovery.
The European Economic and Social Committee (EESC) welcomes the Commission's new Action Plan on non-performing loans, but believes that it lacks new proposals fit for COVID-19 times, leaving Europe to face an extraordinary time with rules written for ordinary times.
The EESC organises a public hearing on Financial literacy and education for Europeans. It will gather together institutions, industry and civil society stakeholders, and will discuss desirable policy actions and share good practices along the EU.
On 11 February, the European Commission published its 2025 work programme. Several initiatives in the work programme – initiatives to enhance competitiveness through the promotion of reforms and investments, both private and public, the new the Savings and Investment Union, as well as the next Multiannual Financial Framework, just to name a few – fall in the remit of the Section for Economic and Monetary Union and Economic and Social Cohesion (ECO) of the European Economic and Social Committee (EESC). We organise this debate to discuss with representatives of the Commission and the members of the EESC the conditions and actions needed for the EU and its Member States to successfully implement what is outlined in the Commission and achieve the shared goals of the Union.
