ESMA就更新后的招股说明书法规指南和问答文件征求意见
欧洲证券及市场管理局(ESMA)正在就《招股说明书条例》下的更新指南和问答文件进行咨询,以反映《上市法》引入的变更,旨在促进监管趋同并简化现有指导。
为什么重要. 发行人及其顾问需要适应新的指南,这可能会影响招股说明书中的披露要求以及向投资者提供的财务信息的清晰度。
欧洲证券及市场管理局(ESMA)正在就《招股说明书条例》下的更新指南和问答文件进行咨询,以反映《上市法》引入的变更,旨在促进监管趋同并简化现有指导。
为什么重要. 发行人及其顾问需要适应新的指南,这可能会影响招股说明书中的披露要求以及向投资者提供的财务信息的清晰度。
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published a package of materials under the Prospectus Regulation to reflect changes introduced by the Listing Act. The measures aim to promote supervisory convergence and contribute to ESMA’s simplification and burden-reduction efforts.
The Consultation Paper seeks stakeholder feedback on updates intended to help issuers and their advisers better understand expected disclosure under the revised Prospectus Regulation. They also simplify existing guidance by reducing the parts that are no longer necessary.
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published a package of materials under the Prospectus Regulation to reflect changes introduced by the Listing Act.
ESMA expects to publish the Final Report and updated Guidelines in Q2 2027.
Stakeholders are invited to respond to the consultation by 9 November 2026.
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published a package of materials under the Prospectus Regulation