The European Association of co-operative Banks (EACB) strongly supports the objectives of improving certain requirements in order to alleviate the burden for companies, which draw up a Prospectus (especially SMEs), and to make the prospectus a more valuable information tool for potential investors.
In this context, we welcome ESMA’s endeavours and the we are happy to provide some feedback to certain aspects of ESMAs current drafting of the technical advice under the new Prospectus Regulation. The EACB has submitted its response to 2 of the relevant consultations i.e.
- (1) ESMA consultation on the format and content of the prospectus and
- (2) ESMA consultation on scrutiny and approval of prospectus.
Please click on pdf under the picture to read the EACB responses.