Public hearing on European corporate bond markets

The Commission Expert Group on European corporate bond markets is finalising its recommendations to the European Commission on steps to enhance the functioning of European corporate bond markets. This half-day public hearing is hosted by the European Commission to facilitate an exchange of views with interested stakeholders and authorities on the Expert Group's recommendations.

The Expert Group on European corporate bond markets brought together experts representing different perspectives on the functioning of these markets: issuers, asset managers, financial intermediaries, and analytics/infrastructure providers. The group met for the first time in November 2016 and has since met nine times. This work has resulted in 22 concrete recommendations addressed to EU and national authorities as well as industry bodies on actions to improve the functioning of European corporate bond markets. The report of the Expert Group listing their recommendations will be underpinned by a deeper analytical report on the functioning of European corporate bond markets.

The hearing will also be briefed on the key insights from the newly published quantitative research on drivers of corporate bond market liquidity in the EU - a study commissioned by the European Commission from Risk Control Ltd.

The hearing will be opened by Sean Berrigan, Deputy Director-General of Directorate-General for Financial Stability, Financial Services and Capital Markets Union. It will close with reflections from Ulrich Bindseil, Director General of Market Operations at the European Central Bank. Discussions will be organised around two panels bringing together leading experts from the spheres of business, civil society, finance and public authorities.

Documents

• Final programme
• Reports of the Expert group on corporate bond markets - 20 November 2017
• Study on the drivers of corporate bond market liquidity - 20 November 2017