ESMA - Public Statement on Prospectus Requirements in the Period Prior to the Amendments to the Delegated Regulation
ESMA issued a statement to support the smooth implementation of the changes introduced by the Listing Act1 to the Prospectus Regulation by providing guidance about the legal requirements for prospectuses in view of the anticipated delay in the application of the Delegated Act amending Commission Delegated Regulation (EU) 2019/9804 as regards the standardised format and sequence and the streamlined content, scrutiny and approval of the prospectus.
The guidance aims to support the Listing Act’s simplification and burden-reduction objectives while safeguarding financial stability, orderly markets and investor protection.
