ESMA Consults On Technical Advice On Listing Act Implications

RegCORE Client Alert | Capital Markets Union

QuickTake

As set out in an earlier Client Alert, the EU's Listing Act package was formally adopted in October 2024, published in the EU's Official Journal (OJ) on 14 November 2024 and entered into force on 4 December 2024. This marks a key milestone in the EU's efforts to complete various Capital Markets Union (CMU) reforms. The EU's Listing Act seeks to make EU public capital markets more attractive (i.e. reduce the administrative burden) for companies to list on European stock exchanges. The EU's Listing Act package is applicable to all (EU and non-EU) companies of all sizes, in particular for small-to-medium sized enterprises (SMEs). The EU's Listing Act package is comprised of the following three instruments: