European Parliament briefing assesses new SIU against Capital Markets Union progress
The European Parliament's Economic Governance and EMU Scrutiny Unit (EGOV) published a briefing analysing the European Commission's Savings and Investment Union (SIU) communication from 19 March 2025. The SIU is designed to strengthen the EU's financial system by channeling savings into investments and eliminating certain Single Market barriers. Notably, the SIU extends its scope beyond the Capital Markets Union (CMU) to also cover the banking sector. The briefing details that the SIU will introduce proposals for a 28th legal regime as well as for the European Innovation Act. Additionally, a mid-term review of the SIU's progress is scheduled to take place in the second quarter of 2027.