ESMA report sees decrease in prospectus activity for 2018

ESMA Guidelines and Recommendations
All Articles in this Issue
Date: 18 December 2019
On 31 October 2019, the European Securities and Markets Authority (ESMA), in its annual report on prospectus activity, reported that in 2018 the number of prospectus approvals across the European Economic Area (EEA) decreased by almost 5% compared to 2017 (from 3,567 to 3,390). This decrease in prospectus approvals follows a decade-long trend observed since the start of the financial crisis.