Article summary
The European Securities and Markets Authority (ESMA) has published its annual report on EEA prospectus activity. The report found that in 2019 the number of prospectus approvals across the EEA decreased from 3,390 to 3,113, continuing the downward trend from the 2008 financial crisis. ESMA makes prospectus data available to ‘provide information about trends in general prospectus approval statistics and passporting activity, as well as trends concerning the structure of approved prospectuses and the types of securities they cover.’
To continue reading this news article, as well as thousands of others like it, sign in with LexisNexis or register for a free trial