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Highlights

• European Commission to work on a study to assess the impact of MiFID II on market research for small issuers
• European Parliament’s ECON Committee publishes draft reports on ESAs reform and crowdfunding, Committee’s vote on pan-European personal pension product (PEPP) postponed until September
• Eight EU member states call for accelerated completion of CMU
• ESMA launches public consultation on draft guidelines for prospectus risk factors