ESMA Consults on Updated Prospectus Regulation Guidelines and Q&As
The European Securities and Markets Authority (ESMA) is consulting on updated guidelines and Q&As under the Prospectus Regulation to reflect changes introduced by the Listing Act, aiming to promote supervisory convergence and simplify existing guidance.
Why it matters. Issuers and their advisers will need to adapt to the new guidelines, which could affect the disclosure requirements in prospectuses and the clarity of financial information provided to investors.