European trade groups seek lower barriers for IPOs

The European IPO Task Force, a group assembled by three financial trade organizations, issued a (see BioCentury, April 16, 2012).

The report recommends reforming the regulatory environment for small and medium "emerging growth companies," including revising EU financial legislation to cut administrative costs of listing by 30-50%. The report also calls for measures to increase venture capital and retail investors' access to markets, to improve communication between European companies and their investors pre- and post-IPO, and to encourage investments into IPOs and equity markets via tax incentives. ...