European Commission launches consultation on EU savings accounts blueprint

Article summary

The European Commission has opened a four-week call for evidence seeking input from EU citizens and stakeholders on developing a European blueprint for savings and investments accounts. The initiative, part of the Commission's Savings and Investments Union strategy, aims to establish best practices for retail investor access to capital markets, including tax treatment considerations. Commissioner for Financial Services and the Savings and Investments Union, Maria Luís Albuquerque, indicated the blueprint would draw on existing Member State practices. The Commission expects to publish its Recommendation on establishing savings and investment accounts in the third quarter of 2025.