EU Listing Act: Enhancing Capital Markets for European Enterprises

The Listing Act, now published in the Official Journal of the European Union, is a legislative package aimed at making EU capital markets more attractive for European businesses and facilitating the listing of companies of all sizes, including SMEs, on the Union's stock exchanges.

The Listing Act package, definitively approved by the EU Council on October 8, following a provisional agreement with the Parliament in February 2024 and the plenary vote on April 24, has now been published in the EU Official Journal and will come into force in 20 days.

The new legislative package consists of a regulation that amends the prospectus regulation, the market abuse regulation, and the regulation on financial instruments markets; a directive amending MiFID II and repealing the directive establishing listing rules on Union markets; and a directive on multiple voting shares.

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