In a nutshell, the capital markets union is about fostering stable and reliable financial markets by establishing an appropriate level of transparency for financial products and comparable legal standards. That kind of environment will help attract investors to invest in the European real economy and help European corporations diversify their funding sources.
These are in addition to various other forms of communication – regular or ad hoc, and formal or informal. Central bank communication is generally perceived as synonymous with pronouncements on monetary policy. In fact, a central bank’s dilemma is more pronounced with regard to communication of supervisory issues.