On the eve of the European Commission’s publication of its proposal on the Union of Savings and Investment, scheduled for March 19, 2025, AFG has submitted its response to the consultation, outlining its proposals. AFG highlights key principles to strengthen the competitiveness of the European Union and encourage broader citizen participation in financial markets, in service of financing European companies, particularly SMEs and mid-sized enterprises (ETIs).
AFG’s proposals :
- A holistic and coherent approach
- SIU’s success relies on competitive European asset managers
- Risks of an exclusively “low-cost” approach
- Removing structural barriers in the ecosystem
