Investors’ Forum together with the Ministry of Finance of the Republic of Lithuania and the City of London Corporation are organising an international Conference Building a Capital Markets Union: Challenges and Opportunities for Business in Vilnius, at Pirklių Klubas, Gedimino av. 35, on 15 September 2015.
The event will provide with a space to facilitate an exchange of views on all aspects related to building the Capital Markets Union, especially, taking into account the upcoming European Commission’s Action Plan for implementing this initiative.
Please register to the Conference until 7 September 2015 by email: Paulius.Krampas@finmin.lt
The creation of a Capital Markets Union has been announced as one of the key priorities for the European Commission in its current term. The Commission’s Green Paper aims at defining the building blocks for creating more successful and competitive EU financial markets and improving access to financing for businesses across Europe. As we go forward, it is important to look at all aspects of the Capital Markets Union, to evaluate them on their individual merit and to discuss the various ways in which such a union can contribute to the better financing of the European economy.
In the implementation of the measures under the Government Programme for 2012-2016 and in order to solve the problems raised by the lack of alternative SMEs financial instruments, in June of the current year the Ministry of Finance of the Republic of Lithuania, the Ministry of Economy of the Republic of Lithuania and the Bank of Lithuania presented to the Government the proposals on the measures that will encourage business (in particular, SMEs) financing in Lithuania by using capital market instruments. The proposals cover the regulation of crowdfunding activities, terms and conditions for public offering, criteria for private placement, granting of shares to the employees of companies, and improvement of the regulation of collective investment undertakings (CIUs).