Smaller Issuers Committee

The Smaller Issuers Committee (SIC), created in 2008, focuses on the specific needs of smaller listed companies. The SIC was set up in reaction to the increase in de-listings and the decrease in new listings, due to the ever-growing volume of regulations for listed companies.

The goal of the Smaller Issuers Committee is to improve and facilitate access for smaller issuers to capital markets. There is a need to make it more attractive for an average-sized company to have its shares listed and publicly traded. Lighter and better regulation for smaller issuers is the main objective. It aims at getting formal recognition by the EU of smaller issuers as a specific sector between SMEs and the largest listed companies given benefiting from a “lighter touch regime”.

We look not only at topics of specific interest for smaller issuers but also keep a watch brief on overall market regulations from a smaller issuer viewpoint. The Committee also exchanges information on national legislation and politics affecting smaller issuers.

The Committee holds quarterly hybrid meetings, welcoming prestigious guest speakers from EU institutions operating in the realm of small caps.