Th e objectives of the Commission’s fi nancial services policy over the next 5 years are to consolidate in order to obtain an integrated, open, inclusive, competitive, and economically effi cient EU fi nancial market. In addition, an important goal is to remove the remaining economically signifi cant barriers, so fi nancial services can be provided and capital can circulate freely throughout the EU to provide consumers with better benefi ts and protections. Finally, the main intention is to enhance supervisory cooperation and convergence in the EU, deepen relations with other global fi nancial marketplaces, and strengthen European infl uence globally.