Omnibus III: no one wants Esma to approve prospectuses

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Omnibus III: no one wants Esma to approve prospectuses

Esma

Banks, stock exchanges, industry associations and even some MEPs are uniting against the proposal, which has the potential to disrupt capital markets for years. While the broader harmonisation project is generally supported, here they explain how the practical challenges could hinder the capital market union and damage Europe’s reputation as a securities listing hub

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