CAPITAL MARKETS – Consob starts consultation on simplified procedural process for prospectuses

On 14 December 2023, the Italian Stock Exchange regulator (Consob) opened a consultation on the simplification of the procedural process for submitting applications for the approval of prospectuses related to (a) public offers of shares, bonds and investment fund units, and (b) admission to trading on the Stock Exchange. In particular, the consultation includes proposals regarding (i) the introduction of pre-filled electronic forms for submitting applications, (ii) the elimination of documents to be attached to applications that are not required by Regulation (EU) No. 1129 of 14 June 2017 and (iii) the availability of templates also in English. The consultation ended on 29 January 2024.

Newsletter n. 92 – January 2024