-
Raising Money via the Capital Market – What Financial Information Must Be Included in a Securities Prospectus & a Securities Information Document (WIB)?
How can small and medium-sized enterprises benefit from simplifications regarding the disclosure of financial information in a securities prospectus or securities information document?
-
ESG in the Securities Prospectus – ESMA Publishes Statement on Sustainability-Related Information Requirements
ESMA specifies which ESG information should be included in a securities prospectus. BaFin will take this into account when deciding on the approval of securities prospectuses.
-
Securities Issuances of SMEs – EU Commission Plans Attractive Facilitations
According to a proposal by the EU Commission, cross-border fundraising is to be made easier for small and medium-sized enterprises (SMEs) in the future. What is the idea behind the plans?
-
Capital Markets Union and Security Token – Which Country Should Be Chosen for a Security Token Offering?
The European commission intends to further develop and promote the free flow of capital within the Capital Markets Union. Numerus efforts have been made – and some have even been partially implemented – to reach this goal since 2015. The EU Prospectus regulation for example creates a uniform European framework for the creation and approval […]
-
Passporting an STO Prospectus – How Can an STO Prospectus be Used for EEA-wide Offerings?
Numerous capital markets authorities throughout Europe approved security token offerings by now and thereby allowed the public offering of blockchain-based securities. Even in Germany, where the securities law still heavily relies on documents in paper form, a number of securities prospectuses regarding blockchain-based securities have been approved by BaFin. At the same time, the German […]
