As the Draghi and Letta reports suggest, funding alone will not change the macroeconomic picture in Europe. The purpose of the SIU is to attract additional and diversified risk takers, funded and unfunded, and to enable banks to offer them a broader range of assets and recycle capital into real economy financing.

The IACPM has sent a letter to the Commissioner Maria-Luis Albuquerque, to highlight the barriers that will continue to limit banks, investors and insurers participation and risk sharing market depth, as well as propose its assistance in assessing the effectiveness of the proposals to unlock bank lending through the Savings and Investment Union.

Please click here to read the letter.