The Directorate‑General for Financial Stability, Financial Services and Capital Markets Union is the Commission department responsible for EU policy on banking and finance.

In just a few years, following the outbreak of the financial crisis, the EU has put forward an ambitious and unprecedented series of reforms to secure financial stability and improve the supervision of financial markets.

The mission of DG FISMA is to monitor the effectiveness of these reforms, ensure that EU legislation is fully implemented and respond to emerging financial risks.

In addition, they are working to develop well-regulated, stable and globally competitive financial markets in the interest of businesses and consumers. To improve access to capital for businesses, especially SMEs, and thereby promote growth and job creation, they have brought forward initiatives to create an EU capital markets union.