On Thursday 13 December, the European Commission put on the table new rules aimed at diversifying the sources of financing for small and medium-sized enterprises (SMEs).
The objective: to further facilitate the registration of trading platforms as ‘SME growth markets’, a new category of trading platforms for small issuers.
To this end, the Commission proposes to broaden the current definition of SMEs, in order to make these markets more attractive to small issuers and investors.
The...