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ESMA guidance for new rules on incorporation by reference for prospectuses and interaction with the EuGB Regulation

ESMA has recently provided some answers to questions from market participants on the new rules around incorporation by reference under the EU Prospectus Regulation. This follows the changes brought in under the EU Listing Act...more

ESMA finalises report on prospectus changes: Main changes for debt securities

On 12 June 2025, ESMA published its Final Report on the more detailed content requirements of the changes introduced by the EU Listing Act to the EU Prospectus Regulation, including in relation to the standardised format and...more

EU Corporate Sustainability reporting: impact on non-EU entities

The EU Corporate Sustainability Reporting Directive, recently adopted by the European Parliament, introduces more detailed sustainability reporting obligations for certain categories of undertakings. Third country entities...more

Gesetzesentwurf zur Einführung von Eletronischen Wertpapieren

Nachdem das Bundesministerium der Justiz und für Verbraucherschutz und das Bundesministerium der Finanzen mit dem Diskussionspapier "Eckpunkte für die regulatorische Behandlung von elektronischen Wertpapieren und...more

Draft Law on the introduction of Electronic Securities

After the Federal Ministry of Justice and Consumer Protection and the Federal Ministry of Finance announced the introduction of electronic securities with the “Key-issues paper on the regulatory treatment of electronic...more

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