ESMA consults on disclosure requirements and updates guidelines and Q&As under the Prospectus Regulation

What happened: ESMA published a package under the Prospectus Regulation reflecting Listing Act changes, including a consultation on disclosure Guidelines, updated Q&As, and two Final Reports on product supplement Guidelines and summary financial information RTS. Key numbers: Consultation responses due 9 November 2026. Why it matters: The measures aim to promote supervisory convergence and support ESMA's simplification and burden-reduction efforts. The product supplement Guidelines give national competent authorities a common framework and market participants greater certainty.

ESMA published a package under the Prospectus Regulation reflecting Listing Act changes, including a consultation on disclosure Guidelines, updated Q&As, and two Final Reports on product supplement Guidelines and summary financial information RTS.

The measures aim to promote supervisory convergence and support ESMA's simplification and burden-reduction efforts. The product supplement Guidelines give national competent authorities a common framework and market participants greater certainty.