When the European Commission adopted the Market Integration and Supervision Package (MISP) back in December 2025, it set objectives beyond usual review or legislative amendments. Instead, the proposal addressed a complex question spanning several legislative frameworks, aiming to kick-start discussions around integrating the EU’s capital
MISP: Taking stock of EU’s market integration and supervision efforts
6 min read
While MISP aims to reshape EU’s capital market through deeper integration, disagreements over ESMA’s future role take center stage.