A) BACKGROUND On October 8, 2024, the EU Council adopted the Listing Act – a regulation amending, among other things, the Prospectus Regulation (EU) 2017/1129. Even though the Listing Act went into force on 4 December 2024,...more
On 7 May 2025, the European Securities and Markets Authority (ESMA) published its Final Report on, among other things, technical advice concerning EU Market Abuse Regulation (MAR) provisions that have been amended pursuant to...more
5/8/2025
/ Capital Markets ,
Disclosure Requirements ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Listing Rules ,
New Guidance ,
New Regulations ,
Regulatory Reform ,
Securities Regulation ,
Share Buybacks
Two of the provisions of the EU Listing Act – a regulation amending, inter alia, the Prospectus Regulation (EU) 2017/1129 – that entered into force on December 4, 2024 were...more
On 26 February 2025, the European Commission (“Commission”) published its “Omnibus I” or “Sustainability Omnibus” package as part of its mission to improve the competitiveness of the European Union. The Omnibus Package...more
2/27/2025
/ Carbon Emissions ,
Corporate Governance ,
Corporate Sustainability Reporting Directive (CSRD) ,
Disclosure Requirements ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Mitigation ,
Supply Chain ,
Sustainability ,
Sustainable Business Practices
Christmas is coming early to the ESG bond market as the new EU Green Bond Standard applies from 21 December 2024.
The new standard is conceptually similar to existing ICMA use of proceeds standards but quite different in...more
12/23/2024
/ Capital Markets ,
Corporate Finance ,
Corporate Governance ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Green Bonds ,
Green Finance ,
Greenwashing ,
International Capital Markets Association (ICMA) ,
Investment Funds ,
Investors ,
Sustainability ,
Sustainable Finance ,
Taxonomy ,
Voluntary Disclosure
On 14 November 2024, a number of amendments to:
the Prospectus Regulation (Regulation (EU) 2017/1129) ("PR");
the Market Abuse Regulation (Regulation (EU) No 596/2014) ("MAR"); and
the Markets in Financial...more
12/5/2024
/ Capital Markets ,
Corporate Issuers ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Markets ,
Financial Services Industry ,
Initial Public Offering (IPO) ,
Investment ,
Investors ,
Regulatory Requirements ,
Securities ,
Small and Medium-Sized Enterprises (SMEs)
In line with broader efforts to remove procedural deterrents from issuers engaging in securities offerings, for about the past year, the German Federal Financial Supervisory Authority (Bundesanstalt für...more
I. IMPLEMENTING BASEL III THROUGH THE CRR III REGULATION -
The Basel III standards comprise a package of reforms that were largely agreed by the Basel Committee on Banking Supervision ("BCBS") in December 2017 and set out...more
6/21/2024
/ Banking Sector ,
Basel Committee on Banking Supervision (BCBS) ,
Basel III ,
Borrowers ,
Capital Markets ,
Capital Requirements Regulation (CRR) ,
Consumer Financial Products ,
Environmental Social & Governance (ESG) ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
Financial Institutions ,
Financial Services Industry ,
Risk Management ,
Securities
In order to harmonize the regulatory framework governing the European fund market, the European Commission has revised the existing Alternative Investment Fund Manager Directive – Directive 2011/61/EU (the "AIFMD"), with the...more
The Council of the European Union and the European Parliament announced, on 28 February 2023, that provisional agreement on the European Green Bond Standard (the EU GBS and the Regulation) had been reached. More recently the...more