IT - new Italian guidelines on prospectus for clearer documents


The 26 July 2023, the green light has been given to the new guidelines on prospectuses by the Committee of Market Operators and Investors (COMI), set up by Consob (Commissione Nazionale per le Società e la Borsa).

The document - drawn up by a special COMI Workshop also with the participation of Consob structures - collects a series of best practices in the drafting of prospectuses.

Consob supports its adoption by the widest possible number of operators, on the assumption that these guidelines can simplify the exchange between operators and the Authority in the phase of scrutiny of prospectuses, helping to speed up approval times.