Orsingher Ortu – Avvocati Associati
Most Read: Contributor Italy, November 2023
Italy:
ESMA On Sustainability-Related Disclosure In Prospectuses
26 October 2023
Orsingher Ortu – Avvocati Associati
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On 11 July 2023, ESMA issued a public
statement (the Statement) on sustainability-related
disclosure that should be included in prospectuses. ESMA specified
that it issued the Statement (in accordance with Article 31 of the
Regulation (EU) No. 1095/2010 of the European
Parliament and of the Council of 24 November 2010 establishing a
European Supervisory Authority (European Securities and Markets
Authority)) to promote coordinated action by National Competent
Authorities regarding the sustainability-related disclosure. The
Statement relates only to the applicable disclosure requirements
under the so-called "Prospectus Regulation" (Regulation (EU) 2017/1129 of the European
Parliament and of the Council of 14 June 2017 on the prospectus to
be published when securities are offered to the public or admitted
to trading on a regulated market) and does not add any additional
general disclosure requirements.
Originally published by August - September, 2023
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