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ESMA updates its Q&A document on prospectus related issues

The European Securities and Markets Authority (ESMA) has updated its Questions and Answers document (Q&A) on prospectus related issues.

The Q&A includes two new questions and answers on the capitalisation and indebtedness table and the validity of the base prospectus.

The purpose of the Q&A document is to promote common supervisory approaches and practices in the application of the Prospectus Directive and its implementing measures.