Luxembourg’s Ministry of Finance reported on the third meeting of the European Competitiveness Laboratory in Luxembourg, where EU finance ministers reviewed progress on the “Finance Europe” Label and agreed to further explore a joint proposal for an EU-wide securitisation platform as part of efforts to deepen the Savings and Investments Union. The LAB is designed as a voluntary testing ground for Member States to trial integration and competitiveness initiatives on a small scale with a view to potential EU-wide rollout. Ministers and senior officials from 20 EU countries, joined by the European Commissioner for Financial Services and the Savings and Investments Union, Maria Luís Albuquerque, also discussed steps taken nationally to operationalise the Finance Europe Label, introduced in June by France, Estonia, Germany, Luxembourg, the Netherlands, Portugal and Spain to help savers identify investment products that support EU companies. Work on a potential securitisation platform was framed as a complement to the European Commission’s reform of the securitisation regulatory framework, with the platform intended to standardise processes across jurisdictions, enable pooling of assets and increase the economic viability of securitisation to broaden financing options for European businesses. The next European Competitiveness Lab meeting is scheduled for the first quarter of 2026.

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