Will UK issuers benefit from the EU's proposed introduction of lighter prospectus disclosure requirements pursuant to the EU Recovery Prospectus?

On 20 July 2020, the European Commission (Commission) adopted a capital markets recovery package as part of its overall COVID-19 recovery strategy. As part of the package, the Commission released a proposal to amend the Prospectus Regulation which aims to reduce the regulatory burden issuers face under the existing prospectus regime.

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