(AGENPARL) – BRUXELLES ven 28 aprile 2023 The impact assessment (IA) provides a well-evidenced and useful analysis for decision-making. It draws on several data sources, provides qualitative and quantitative data, and also explains uncertainties and limitations. The IA clearly states that the scope of the initiative is limited; it does not aim to solve all the issues on listing, and notes that a listing decision is influenced by many factors. The problem definition would have benefited from further clarification of the problems and drivers, as they partially discuss the same elements. The IA provides a balanced presentation of policy options for each problem driver. It assesses impacts on issuers, investors, exchanges and national competent authorities, and substantiates the preferred options. However, it is confusing that after having selected the preferred options, the IA presents measures in annexes that were not included in the policy options and in the assessment of options. Given that the SME dimension is embedded in the initiative, the Commission carried out an SME test, as required by the Better Regulation Guidelines. However, when reporting on the stakeholder consultation, it would have been useful if the IA had explained in more detail SMEs’ participation in the consultations. Overall, the stakeholder groups’ views are presented throughout the IA.

Fonte : © Unione europea, 2023 – PE

Fonte/Source: https://www.europarl.europa.eu/thinktank/it/document/EPRS_BRI(2023)740253