Eurozone meaning

In March 2018, Euronext acquired the Irish Stock Exchange plc, which then joined Euronext’s federal structure and now trades as Euronext Dublin, with Ireland recognised as one of Euronext’s six core countries. Euronext is the foremost pan-European marketplace in the Eurozone, operating across Belgium, France, Ireland, The Netherlands, Portugal and the UK. Its mission is to energise pan-European capital markets to fund the real economy, uniting buyers and sellers in venues that are transparent, efficient and dependable. What are the rules applicable to listing debt securities on Euronext Dublin? Euronext Dublin—EU Regulated Market The Central Bank of Ireland (CBI) is the competent authority responsible for reviewing and approving a prospectus (Prospectus) for the purposes of the Prospectus Regulation (EU) 2017/1129 (PR). The PR prescribes the relevant annex items to be included in a prospectus, depending on the issuer’s profile and the nature of the transaction. The European Union (Prospectus) Regulations 2019 (the Irish Regulations) took effect on 21 July 2019, replacing the prior Irish Prospectus (Directive 2003/71/EC)...

Background to the Single Supervisory Mechanism In the wake of the 2008 financial crisis, heightened concern spread across the EU about threats to the stability of the single currency and the integrated market for banking services. To tackle these issues, strengthen financial stability and aid economic recovery, the EU has been building a European Banking Union, anchored in a single regulatory rulebook for financial services, to advance the integration of banking supervision across the EU. At its core sits the Single Supervisory Mechanism (SSM), created by Council Regulation (EU) 1024/2013 and complemented by the SSM Framework Regulation, Regulation (EU) 468/2014. The SSM seeks to ensure that oversight of credit institutions is coherent and effective, and consistent with the functioning of the internal market for financial services and the free movement of capital. Application and scope The SSM Regulation covers credit institutions established in a eurozone Member State. In addition, a Member State not in the eurozone may request to be brought under SSM supervision by establishing close...

In March 2018, Euronext acquired the Irish Stock Exchange plc. Folded into Euronext’s federal structure, the Irish Stock Exchange plc now trades as Euronext Dublin, with Ireland recognised as one of Euronext’s six core countries. Euronext is the foremost pan-European marketplace in the Eurozone, with a footprint that includes Belgium, France, Ireland, The Netherlands, Portugal, Italy, Norway, Greece and the UK. Its mission is to energise pan-European capital markets to fund the real economy. It links buyers and sellers through venues that are transparent, efficient and dependable. These platforms operate with clarity, speed and a high degree of trust. Thanks to its specialist debt securities listing framework and pragmatic stance, Euronext Dublin has emerged as a leading exchange for the listing of debt securities. This Practice Note covers: the principal motivations for listing debt securities the make-up of Euronext Dublin and the regulatory regime overseeing the listing of debt securities the criteria for admitting debt securities to trading on Euronext Dublin ...