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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

A new “world first” gold standard for EU green bonds (UPDATE)

As part of the European Commission’s strategy for financing the transition to a sustainable economy, the EU has been debating for some time how best to put in place a regulatory regime for EU green bonds. This resulted in...more

A new “world first” gold standard for EU green bonds

As part of the European Commission’s strategy for financing the transition to a sustainable economy, the EU has been debating for some time how best to put in place a regulatory regime for EU green bonds. This has resulted...more

ESMA statement on sustainability disclosure in prospectuses: impact on prospectuses and final terms

ESMA has issued a statement on sustainability disclosure in prospectuses issued under the EU Prospectus Regulation. Although the statement is directed to EU National Competent Authorities, ESMA makes it clear that its...more

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