On 7 December 2022, the European Commission published the following proposals which follow up on its commitment to simplify EU listing rules, as detailed in Action 2 of the 2020 Capital Markets Union Action Plan:

In addition, the Commission has published:

In summary, the package of measures contain amendments to the Prospectus Regulation, the Market Abuse Regulation, the revised Markets in Financial Instruments Directive (MiFID II) and the Markets in Financial Instruments Regulation. It also repeals most of the requirements in the Listing Directive, transferring the few provisions that are still relevant to MiFID II. It also proposes a Directive on multiple-vote rights, to encourage entrepreneurial companies, including small and medium sized ones, to list for the first time on SME growth markets with a governance structure that allows them to maintain control over the vision of the company.