EU Commission’s prospectus directive review can help companies to raise capital
Following the release of the European Commission’s proposals to review the prospectus directive, BUSINESSEUROPE Director General Markus J. Beyrer commented: “We appreciate the fact that the European Commission has made reviewing the current prospectus regime one of the priority actions for building an EU Capital Markets Union. The cost of publishing prospectuses or updating those for issuance programmes is very high for companies of all sizes and new rules should strike the right balance between protecting investors and not burdening companies with excessive compliance costs. We need to streamline the prospectus regime for all issuers, and make it easier for all companies to raise capital throughout the EU.”