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ESMA publishes peer review of the scrutiny and approval procedures of prospectuses by competent authorities

On 21 July 2022, the European Securities and Markets Authorities (ESMA) published its peer review report on the scrutiny and approval procedures of prospectuses by competent authorities (NCAs). The peer review covered five assessment areas as relevant to the prospectus scrutiny and approval processes: (i) the scrutiny of prospectuses having regard to their completeness, comprehensibility and consistency, (ii) the approval...
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