AIMA supports European Commission’s plan to boost EU competitiveness
Published: 29 January 2025
AIMA welcomes today’s publication by the European Commission of the Competitiveness Compass for the EU. As the Compass highlights, Europe must unlock investment, simplify regulation, and reduce administrative burdens in order to achieve its broader objectives of innovation, green transition and security. In particular, we welcome the emphasis on financing competitiveness, developing deeper and more liquid capital markets and making the European Savings and Investments Union a reality.
Last month, AIMA wrote to Commissioner Maria Luís Albuquerque to express our support the European Commission’s focus on competitiveness and advocate for key regulatory reforms. AIMA's letter to the Commissioner highlights the below key priorities:
- Securitisation reform – A more efficient framework to boost real economy financing
- Burden reduction – Streamlining compliance rules to cut red tape for investment managers
- Non-bank financial intermediation – Recognising private credit’s vital role in funding businesses
- Sustainable finance – Aligning ESG reporting requirements with practical investment realities
We are pleased to see several of these items identified in the Competitiveness Compass and we look forward to working with the European Commission (and co-legislators) to help achieve these ambitions over the next 5 years.
The alternative investment industry plays a crucial role in Europe’s economic future. By creating a more dynamic and investment-friendly regulatory environment, the EU can enhance growth, innovation, and financial resilience.
AIMA’s full recommendations are attached.