Euroclear has released a white paper calling for a series of recommendations to increase European competitiveness and efficiency in capital markets. According to the paper, “Post-trade and CSD integration can be significantly deepened if all stakeholders – Member States, EU authorities, market infrastructures and their clients – work together to support the conditions for the concentration of activity, development of cross-border flows and hence increased scale and sector consolidation.”
A summary of recommendations is:
The full paper is available at https://www.euroclear.com/content/dam/euroclear/news%20&%20insights/Format/Whitepapers-Reports/Whitepaper-Unlocking-Europe-capital-markets.pdf