As part of its Agenda 2025 for competitiveness and regulatory simplification, the European Commission launched a wide-ranging public consultation in the spring, with a view to fostering greater integration of capital markets in the European Union.

In their response to this consultation, Paris Europlace's governing bodies stressed the need to combat the complexity of regulation, which accentuates the fragmentation of capital markets.They also stressed the need to better coordinate the different levels of regulation (level 1, 2 or 3 texts) and supervision (national and Community).

Concrete proposals were also put forward to support the solidity of the financial system and the financing of the European economy, in particular the following: strengthening impact studies upstream of a regulatory project, setting appropriate timetables for the application of texts and review dates, further developing dialogue with the financial industry and introducing the objective of competitiveness into the mandate of European supervisory authorities.