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ARTICLE · 12 JUNE 2026

Listing Act – Amendments To EU Prospectus Rules

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The European Commission has adopted new rules standardizing the format and content of prospectuses under the EU's Prospectus Regulation, introducing significant changes for debt capital markets including enhanced ESG disclosure requirements and reduced financial statement obligations. These amendments form part of the broader Listing Act package aimed at making EU public capital markets more attractive while streamlining compliance processes for smaller companies seeking to list.

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William Foot
William Foot
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John Adams
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On 7 May 2026, the European Commission adopted a delegated regulation with reference C(2026) 2876 (the “Prospectus Format RTS”). The Prospectus Format RTS makes changes to the format and content of prospectuses under the Prospectus Regulation regime.

Listing Act

The Listing Act package includes amendments to the Prospectus Regulation, the Market Abuse Regulation and MiFIR. The Listing Act package (see Regulation (EU) 2024/2809, Directive (EU) 2024/2810 and Directive (EU) 2024/2811, together the “Listing Act”) was published in the Official Journal of the EU on 14 November 2024 and has applied since 4 December 2024 (although in some cases, such as this one, the obligations are being introduced on a staggered timeline). Regulation (EU) 2024/2089 mandates the publication of the Prospectus Format RTS to provide for the standardised format and sequence of prospectuses.

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