Scheda

ESMA has published final report on the Prospectus Regulation 

The report provides recommendations meant to facilitate capital market activity by reducing regulatory burden.

The technical advice on the Prospectus Regulation contains: (i) advice relating to the content and format of prospectuses; (ii) proposed disclosure annexes for non-equity securities that are advertised with ESG features; (iii) advice relating to the scrutiny of information in prospectuses as well as advice relating to the procedures for the approval of a prospectus; and (iv) proposals to updates to the data reporting requirements in line with changes introduced by the Listing Act and in relation to the implementation of ESAP.

ESMA has submitted the report to the European Commission (EC). On the proposals to update the data reporting requirements in line with changes introduced by the Listing Act, the EC shall take a decision on whether to adopt the RTS updating Commission Delegated Regulation 2019/979 within three months. The Commission may extend that period by one month