2025-06-12
The European Securities and Markets Authority issued this final report to provide technical advice to the European Commission on implementing the Listing Act amendments to the Prospectus Regulation. The advice addresses the standardised format of prospectuses, new disclosure requirements for non-equity securities with ESG objectives, Universal Registration Document content, and scrutiny procedures. Additionally, the report includes amendments to the Commission Delegated Regulation on metadata to update prospectus classification data and streamline submissions to the European Single Access Point.