On 20 April 2021, the European Commission published for consultation a road map for a retail investment strategy for the EU.

The September 2020 Capital Markets Union Action Plan noted the Commission’s intention to propose a retail investment strategy for the first half of the year of 2022, that should seek to ensure that retail investors can take full advantage of capital markets and that rules are coherent across legal instruments.

The deadline for comments on the road map is 18 May 2021.