From complexity to simplicity – the new rules and regulations of the LuxSE enter into force today
The Luxembourg Stock Exchange’s new rules and regulations (the “R&Rs”) enter into force today, 31 January 2020, and will certainly be warmly welcomed by issuers and their listing agents/legal advisors. The new R&Rs can be consulted here.
The drive for change
Driven by the need to adapt to the current legal and regulatory landscape (following the entry into force of the Prospectus Regulation and related amendments to national legislation) and inspired by feedback received from the market in recent years, the Luxembourg Stock Exchange (the “LuxSE”) has effectively overhauled its R&Rs, in particular, Part 2 (Prospectus Approval for Admission of Securities to Trading) thereof.
Changes to Part 2
Part 2 of the new R&Rs is now significantly more “user-friendly” for those drawing up prospectuses, especially for those who are already familiar with the Prospectus Regulation. [Please Click Here to Read More]