Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: 2020 Capital Markets Union Action Plan | Statement: [Capital Markets Union, updatedBy, 2020 Capital Markets Union Action Plan]

Target entity: 2020 Capital Markets Union Action Plan
Context triple: [Capital Markets Union, updatedBy, 2020 Capital Markets Union Action Plan]

• A. Capital Markets Union
  The Capital Markets Union is a European Union initiative aimed at creating a single, integrated capital market across member states to improve access to finance, diversify funding sources, and strengthen financial stability.
• B. Treaty Establishing the European Stability Mechanism
  The Treaty Establishing the European Stability Mechanism is an international agreement among euro area member states that created the permanent bailout fund designed to safeguard financial stability in the eurozone.
• C. EU financial services action plan
  The EU financial services action plan was a comprehensive legislative and policy initiative launched around 1999–2000 to create a single, integrated, and more efficient financial market across the European Union.
• D. Regulation (EU) No 1092/2010 on European Union macro-prudential oversight of the financial system
  Regulation (EU) No 1092/2010 is the EU legislative act that established the European Systemic Risk Board and the framework for macro-prudential oversight to prevent and mitigate systemic risks to the Union’s financial system.
• E. Regulation (EU) 2021/1529
  Regulation (EU) 2021/1529 is the European Union legislative act that establishes the framework for the Instrument for Pre-accession Assistance (IPA III), governing EU financial support to candidate and potential candidate countries for accession.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: 2020 Capital Markets Union Action Plan
Triple: [Capital Markets Union, updatedBy, 2020 Capital Markets Union Action Plan]

The 2020 Capital Markets Union Action Plan is a European Commission policy package aimed at deepening and integrating EU capital markets to improve funding for businesses and investment opportunities for citizens.

Target entity: 2020 Capital Markets Union Action Plan
Target entity description: The 2020 Capital Markets Union Action Plan is a European Commission policy package aimed at deepening and integrating EU capital markets to improve funding for businesses and investment opportunities for citizens.

• A. Capital Markets Union chosen
  The Capital Markets Union is a European Union initiative aimed at creating a single, integrated capital market across member states to improve access to finance, diversify funding sources, and strengthen financial stability.
• B. Treaty Establishing the European Stability Mechanism
  The Treaty Establishing the European Stability Mechanism is an international agreement among euro area member states that created the permanent bailout fund designed to safeguard financial stability in the eurozone.
• C. EU financial services action plan
  The EU financial services action plan was a comprehensive legislative and policy initiative launched around 1999–2000 to create a single, integrated, and more efficient financial market across the European Union.
• D. Regulation (EU) No 1092/2010 on European Union macro-prudential oversight of the financial system
  Regulation (EU) No 1092/2010 is the EU legislative act that established the European Systemic Risk Board and the framework for macro-prudential oversight to prevent and mitigate systemic risks to the Union’s financial system.
• E. Regulation (EU) 2021/1529
  Regulation (EU) 2021/1529 is the European Union legislative act that establishes the framework for the Instrument for Pre-accession Assistance (IPA III), governing EU financial support to candidate and potential candidate countries for accession.
• F. None of above.