Listing Act: adoption By the EU Council

10/01/2025

The European legislative package known as the Listing Act was adopted by the Council of the European Union (EU) on 8 October 2024.

It is designed to make capital markets more attractive to EU companies and to facilitate their access to capital, in particular for SMEs, by reducing the administrative burden of listing, while protecting investors and market integrity.

The Listing Act has three main components with new rules for the prospectus in the case of public offer or listing, market abuse, research and multiple voting shares. To this end, a Directive and a Regulation are adopted, amending the MiFIR Directive and the Prospectus and MAR Regulations. A Directive is also adopted on multiple voting shares. The proposed amendments will lead to a regulatory change.