Capital Markets Union (an Single Market initiative) had ten legislative actions between April 2016 and October 2018.
The Capital Markets Union (CMU) is an economic policy initiative launched by the former president of the European Commission, Jean-Claude Junker in the initial exposition of his policy agenda on 15 July 2014. The main target was to create a single market for capital in the whole territory of the EU by the end of 2019. April 2016 Adoption of the proposal on July 2016 EuVECA and EuSEF legislation review October 2016 Adoption of the proposal on the Common Consolidated Corporate Tax Base (CCCTB) and debt-equity tax bias November 2016 Adoption of the proposal on credit unions' authorisation outside the November 2016 Adoption of the proposal on the review of infrastructure calibrations for banks through the December 2016 Agreement by the co-legislator on a regulation to modernise the Prospectus Directive May 2017 June 2017 April 2018 Launch of the Pan-European venture capital fund-of-funds program October 2018 
