HM Treasury’s proposed approach does not give rise to these concerns immediately, although much will depend on the precise approach taken with respect to exemptions from the public offer regime and the approach taken in relation to “wholesale” disclosure for bonds admitted to trading on UK markets.
ICMA has responded to HM Treasury’s consultation
on the UK Prospectus Regulation on 23 September. ICMA members’
overarching concern is to ensure that the currently well-functioning and
efficient pan-European primary wholesale bond market is not disrupted
or subjected to unnecessary additional or disproportionate costs.
ICMA looks forward to engaging on these issues
and related matters with the UK authorities as the UK Prospectus
Regulation regime evolves.
ICMA
© ICMA
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article