Accountancy Europe supports the creation of a new prospectus framework that is better tailored for the needs of smaller companies. Therefore, we are pleased to provide our input for ESMA’s consultation on the EU Growth Prospectus (EUGP).
Our response is based on the work that we conducted together with the European Contact Group (ECG) and the European Group of International Accounting Networks and Associations (EGIAN), and is jointly submitted with these two organisations. This work consists of a paper on simplified prospectuses, as well as a model prospectus based on the paper’s principles and recommendations.
Our EUGP consultation response is supported by an Annex, which compares the prospectus disclosures as proposed by ESMA, Level 1 and ourselves.
Accountancy Europe has also submitted its response to the consultation on the format and content of the main prospectus.