Why the start of 2027 matters
Europe’s investment agenda has moved from strategy into implementation. The rules that change how capital is held and how it moves apply in the weeks before the conference meets, and the Commission’s judgement on whether any of it has worked comes months after.
The dates
EU leaders have called for agreement on the files central to the investment agenda, from securitisation to the digital euro
Amended bank market risk rules apply
Revised Solvency II and insurance recovery and resolution rules apply
Financing Europe 2027 meets in Brussels
The Commission’s legislative proposals on banking competitiveness are due, with cross border capital, liquidity and deposit insurance on the list
The Commission’s mid term review of the Savings and Investments Union
The next EU budget and the European Competitiveness Fund are due to apply from 1 January
From the conference record
After the 2026 edition, Forum Europe published The Policy Signal: eight findings from the day. Three are shown below, each with the 2027 session that takes it forward.
The Policy Signal · Issue 05 · PDF ↓
Europe’s savings problem is not a savings problem. The constraint identified across every theme was not capital but absorption.
The opening interview takes stock of what the Savings and Investments Union has changed in how capital moves.
The opening session →The direction of the Savings and Investments Union commanded broad support; execution was contested, and the exchange produced no resolution.
A panel takes the scope of ESMA direct supervision, governance, and whether integrated supervision lowers the cost of capital.
The supervision panel →Securitisation reform was characterised as a missed opportunity, with trilogue the last window to widen the package.
The capital panel asks whether the balance-sheet capacity of banks and insurers now reaches infrastructure, defence and project finance, and what still stops deals from reaching financial close.
The capital panel →“The working formula is simpler requirements, not lower requirements. Resilience has not held Europe back; it has been a precondition for sustainable growth.”
The Policy Signal · Financing Europe 2026