Mr. Ashok Vir Bhatia, Ms. Srobona Mitra, Mr. Shekhar Aiyar, Luiza Antoun de Almeida, Cristina Cuervo, Mr. Andre O Santos, and Tryggvi Gudmundsson
, green = no concern)
Source: IMF survey of EUcapitalmarketpractitioners (see Background Note 4).
1/ SMEs = small or medium enterprises. Composite scores are simple averages of underlying scores in each of the seven areas.
40. Restrictions on cross-border offerings, administrative burdens, minority investor rights, and legal deficiencies were seen as key barriers to capital flows . At the EU level, more than half of respondents flagged home and host restrictions on cross-border product offerings and the comparability of accounting standards as important