The Alternative Investment Management Association (AIMA) and the Alternative Credit Council are pleased to see today’s Strategy Communication on the Savings & Investments Union (SIU) that we have contributed to and helped shape, which will enhance the EU's global competitiveness through regulatory simplification and burden reduction for businesses, including our fund manager and investor members.

As a long-time supporter of the SIU and its predecessor, the Capital Markets Union, AIMA recently responded to the European Commission’s call for evidence on the SIU, putting forward concrete suggestions on how to take it forward.

AIMA also outlined these proposals in our letter to the new Commissioner for Financial Services, Maria-Luis Albuquerque.

The role of the alternative investment industry will be crucial for expanding the EU's capital pool to support investments in the European economy and lower financing costs for European businesses, as hedge funds and private credit funds play an ever-increasing role in the entire chain of investing and financial intermediation.

AIMA's next priority is ensuring the positive message outlined today is carried through to the upcoming legislative proposal on securitisation reform.

AIMA CEO Jack Inglis said: "It is greatly encouraging to see the European Commission’s strong commitment to advancing the Savings & Investments Union (SIU), which will support the EU's global competitiveness and reduce regulatory burdens. Today’s strategy announcement sets a high bar, and policymakers should maintain this ambition as they develop the SIU’s key components. A crucial early step will be the upcoming proposal on securitisation reform, which is essential for strengthening capital market investment and supporting lending to businesses."