EU Listing Act in Italy: Debt capital markets reform and the Prospectus Regulation

The EU Listing Act, adopted on October 8, 2024, is the most significant overhaul of EU capital markets regulation in years. Its ambition is clear: make European markets more attractive for businesses, reduce friction for issuers, and improve access to capital for small and medium-sized enterprises (SMEs). But what does it actually change for debt capital markets practitioners?  Cristiano Tommasi, partner in A&O Shearman's Global Financial Markets group, examines the most significant amendments to the Prospectus Regulation introduced by the Listing Act.   Which disclosure and documentation requirements have been simplified for debt issuers? What do the changes mean for established issuance programs? And what should DCM practitioners and their clients be doing now to prepare for the new framework, ahead of the series' next episode examining the changes to the Market Abuse Regulation?  Note: This episode is recorded in Italian.  EU Listing Act delivers focused legal analysis of the regulatory reforms reshaping EU capital markets. Each episode examines a specific dimension of the Listing Act's impact, from prospectus amendments to market abuse obligations.