The topics of this bulletin are:

• Building a Capital Markets Union as one of the landmark projects of the European Commission to foster economic growth and job creation in the European Union. (Consultation document on the European Commission’s Green Paper for building a Capital Markets Union in the European Union. February 2015).
   
• The review of the Prospectus Directive as one of the short-term measures proposed by the European Commission to develop the Capital Markets Union. (European Commission’s public consultation on the review of the Prospectus Directive. February 2015).
   
• Creating a framework for high-quality securitisation in the European Union as one of the short-term measures proposed by the European Commission to develop the Capital Markets Union. (European Commission’s public consultation on high-quality securitisation in the European Union. February 2015).
   
• ESMA’s technical advice to the European Commission on possible delegated acts for the development of level 2 of the Market Abuse Regulation, with the aim of enhancing market integrity and investor protection. (ESMA’s technical advice to the European Commission on possible delegated acts of the Market Abuse Regulation No. 596/2014. February 2015)
   
• IOSCO’s review on the implementation of its principles for financial benchmarks in benchmarks other than interbank rates. (IOSCO’s report on the review of compliance of IOSCO’s principles for financial benchmarks. February 2015).