OREANDA-NEWS. The Central Bank of Ireland has published its response to the European Commission's green paper on 'Building a Capital Markets Union', which closed on 13 May.

The Central Bank welcomes the opportunity to respond to this initiative and supports measures which will increase the safety and efficiency of Europe's capital markets.

The response sets out the benefits of creating a true Capital Markets Union in Europe while also examining the potential impediments. The Central Bank is committed to working constructively to achieve safe and efficient capital markets in Europe which will better serve the European economy and its citizens.