Read the full European Capital Markets Update.

IN THIS ISSUE

Belgium

Belgian Financial Regulator's Tightening of Investor Protection Against Unfair Contract Terms

France

Implementation Decree for the Say-on-Pay Provisions of the Loi Sapin II Adopted

First Issuance of Green Bonds by the French State

Modernization of French Bondholders' Rights

Germany

Complete Revision of German Securities Trading Act Passed German Parliament

Amendments to the German Corporate Governance Code for 2017 Published and In Force

Deutsche Börse has Introduced New Exchange Segment Scale for Small and Medium-Sized Enterprises

United Kingdom

Shareholder Rights Directive: Parliament Resolution at First Reading to Adopt Directive

European Commission Consults on Operations of European Supervisory Authorities

FCA Proposes Changes to the Prospectus Rules in its Quarterly Consultation Paper

Tesco to Pay Compensation of £85 m and Further Fine of £129 m for Market Abuse

FCA Announces Review on Availability of Information Before IPO

FCA Publishes Two Papers on the Effectiveness of UK Primary Markets