The European Commission has unveiled a package of proposals this week to boost the resilience of European banks against potential shocks and to support smaller businesses and infrastructure investment. The proposals are part of a wider reform programme of the financial regulatory system to bring back financial stability and market confidence after the financial crisis. The proposals include the following key elements: (i) measures to increase the resilience of EU institutions and enhancing financial stability; (ii) measures to improve banks' lending capacity to support the EU economy; and (iii) measures to further facilitate the role of banks in achieving deeper and more liquid EU capital markets to support the creation of a CMU. The Commission will submit these legislative proposals to the European Parliament and to the Council for their consideration and adoption.