BETTER FINANCE response to the consultation on the format and content of the prospectus

BETTER FINANCE welcomes the new Prospectus Regulation and the Technical Advice (Level 2) submitted by ESMA. The Technical advice submitted by ESMA reflect the purpose of the Prospectus Regulation: to remove administrative and costs burden for companies and in particular for Small and Medium Enterprises (SMEs) while enhancing investors protection. Investors should be provided with clear, comprehensible and easily accessible information to make their investment decision. BETTER FINANCE however would like to raise two points regarding the Prospectus Regulation and the submitted Technical Advices.

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