The Pan-European Pension Product and the Capital Markets Union: A Way to Enhance and Complete the Economic and Monetary Union?
The article provides a general framework for the proposal for the Pan-European Personal Pension Product (PEPP) and details some particular aspects that will be discussed in the context of its application such as “national compartments” and the problem of PEPP taxation.
The PEPP is analysed as an instrument of the Capital Markets Union (CMU). It is concluded that it represents an opportunity for the EU to obtain long-term investment liquidity but also that, in the end, it is just a small palliative measure to alleviate the structural deficiencies of the EMU that remain to be solved.
- Calu M, Stanciu C (2018) An insight of the future - Pan European pension product. Global Economic Observer, “Nicolae Titulescu” University of Bucharest, Faculty of Economic Sciences, Institute for World Economy of the Romanian Academy, June 6(1):102. Available at https://ideas.repec.org/a/ntu/ntugeo/vol6-iss1-18-101.html (last accessed April 2019)
- Hooghiemstra SN (2018) European Union - Pan-European personal pension products – will the proposed European tax recommendation work? Eur Tax 58(10):453–462Google Scholar
- Iglesias-Rodriguez P (2018) Supervisory cooperation in the single market for financial services: united in diversity? Fordham Int Law J 41(3):589–667 (specially 645–651). Available at https://ir.lawnet.fordham.edu/cgi/viewcontent.cgi?article=2699&context=ilj (last accessed April 2019)
- Lannoo K (2018) The PEPP could become the new UCITS. ECMI Commentary No 57, September 2018. Available at http://aei.pitt.edu/94493/1/The_PEPP_could_become_the_new_UCITS.pdf (last accessed April 2019)
- Nieminen R, Eatock D (2018) Pan-European pension product. European Parliament, March 2018, PE 615.656, p 5. Available at http://www.europarl.europa.eu/RegData/etudes/IDAN/2018/615656/EPRS_IDA%282018%29615656_EN.pdf (last accessed April 2019)
- Rodrigues NC (2017) The use of public procurement as a non-tariff barrier: relations between the EU and the BRICS in the context of the new EU trade and investment strategy. Public Procure Law Rev 3:135–149Google Scholar
- Rodrigues NC (2018) Brexit and the future of EU: move back or move forward? In: Rodrigues NC, Gonçalves JR, Cabral NC (eds) After Brexit - Consequences for the European Union. Palgrave, London, pp 65–82Google Scholar
- Rodrigues NC, Gonçalves R (2017) The European Banking Union and the Economic And Monetary Union: the puzzle is yet to be completed. In: Rodrigues NC, Gonçalves JR, Cabral NC (eds) The Euro and the crisis - Perspectives for the Eurozone as a monetary and Budgetary Union, Financial and monetary policy studies, vol 43. Springer, Bern, pp 271–288CrossRefGoogle Scholar
- Van Meerten H, Van Zanden JJ (2018) Pensions and the PEPP: the necessity of an EU approach. Eur Co Law 15(3):66–72Google Scholar
- Vila ML (2018) El futuro reglamento sobre un producto paneuropeo de pensiones individuales (PEPP): Europa, quo vadis? Lex Soc 8(2):76–103Google Scholar