GBIC comments on amending Delegated Regulation (EU) 2019/98

The German Banking Industry Committee (GBIC) welcomes the objective of revising Commission Delegated Regulation (EU) 2019/980 to simplify prospectus requirements, streamline their content and further standardise format and structure, thereby reducing administrative burdens for issuers, improving comparability for investors and strengthening access to EU capital markets. 

Overall, while we strongly support the objectives of the reform, targeted clarifications and appropriate transition periods are essential to ensure legal certainty, operational feasibility and continued efficiency of EU capital markets.