Prospectus directive may hit smaller company IPOs

Smaller companies will be less likely to pursue initial public offerings due to the increased costs resulting from requirements in the EU's prospectus directive, according to a new survey.

The prospectus directive aims to establish rules for a European passport for both debt and equity issuers as part of efforts to create a single European market in financial services by 2005.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions