The Spanish Securities Commission (CNMV) has published a comprehensive revision of its questions and answers on prospectuses for public offers and admissions to trading on regulated markets. The update provides issuers and prospectus preparers with guidance reflecting the European Union’s Listing Act and the CNMV’s initiatives to facilitate access to capital markets. New content addresses the Easy Access listing route, the option to prepare a prospectus in separate documents for initial public offerings, and green bonds. The revision replaces the partial updates made since the document was first published in 2021 and fulfils an initiative in the CNMV’s 2026 Activity Plan to improve the competitiveness of Spanish markets.
Spanish Securities Commission updates prospectus guidance on Easy Access listings, initial public offerings and green bonds
The Spanish Securities Commission (CNMV) has comprehensively revised its prospectus questions and answers to reflect the European Union’s Listing Act and its own capital market access initiatives. New guidance covers Easy Access listings, prospectuses prepared in separate documents for initial public offerings, and green bonds. The revision fulfils an initiative in the CNMV’s 2026 Activity Plan.