Thursday, 6 July 2017
EU: The Prospectus Regulation and ESMA's draft technical advice
The Prospectus Regulation (2017/1129) was published in the Official Journal of the European Union a week ago: see here. Further information about the Regulation, the purpose of which is (amongst other things) to improve the current regime to make it easier for SMEs to access capital, is available here. The European Securities and Markets Authority is now consulting on the draft technical advice to accompany the Regulation. Three consultation papers have been published covering the form and content of the Prospectus (including the EU Growth Prospectus) and the approval process: see here.
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