The Luxembourg Capital Markets Association (LuxCMA) recognises the pivotal role
that the Savings and Investments Union (SIU) plays in fostering economic growth,
enhancing competitiveness, and creating opportunities for both businesses and
investors. The seamless integration of capital markets across the European Union
(EU) Member States not only facilitates the free flow of capital but also drives
innovation and efficiency within EU economies and globally.
We are grateful for the opportunity to contribute to the European Commission’s SIU
objectives and to provide our perspective on the most effective ways to support and
advance its principles. Our reflection includes recommendations on smarter and
better regulation, centralisation of supervision, consolidation of market
infrastructures, and financial literacy. By addressing these key areas, we aim to
support the development of a more integrated, efficient, and resilient financial
ecosystem within the EU and beyond.