Statement

Targeted consultation on the Listing Act: making public capital markets more attractive for EU companies and facilitating access to capital for SMEs

It is important that SME companies publish enough information for investors to estimate the risk of the investment. Easing the SME listing process to significantly reduce the information published is not the correct way to approach the problem. Our members support the TESG’s proposal of allowing to publish a prospectus only in English. This would reduce the costs of the process but would not reduce the amount of information shared.