Prospectus Regulation

• Prospectus Regulation
  • NOTE ABOUT PROSPECTUS DIRECTIVE/CESR LEGACY

    Q&A

    GL
  • Recital
  • CHAPTER I GENERAL PROVISIONS
    • Article 1 Subject matter, scope and exemptions

      Q&A

      Q&A

      Q&A

      Q&A

      Q&A

      Q&A

      Q&A

      Q&A

      Q&A

      Q&A

      DA
    • Article 2 Definitions

      Q&A

      Q&A
    • Article 3 Obligation to publish a prospectus and exemption

      Q&A
    • Article 4 Voluntary prospectus
    • Article 5 Subsequent resale of securities

      GL
  • CHAPTER II DRAWING UP OF THE PROSPECTUS
    • Article 6 The prospectus
    • Article 7 The prospectus summary

      RTS

      GL

      Q&A

      RTS
    • Article 8 The base prospectus

      Q&A
    • Article 9 The universal registration document

      Q&A

      Q&A

      Q&A

      DA
    • Article 10 Prospectuses consisting of separate documents

      Q&A
    • Article 11 Responsibility attaching to the prospectus

      Q&A
    • Article 12 Validity of a prospectus, registration document and universal registration document

      Q&A
  • CHAPTER III THE CONTENT AND FORMAT OF THE PROSPECTUS
    • Article 13 Minimum information and format

      DA
    • Article 14 Simplified disclosure regime for secondary issuances

      DA

      Q&A
    • Article 14a EU Recovery prospectus
    • Article 15 EU Growth prospectus

      DA
    • Article 16 Risk factors

      GL
    • Article 17 Final offer price and amount of securities
    • Article 18 Omission of information
    • Article 19 Incorporation by reference

      Q&A
  • CHAPTER IV ARRANGEMENTS FOR APPROVAL AND PUBLICATION OF THE PROSPECTUS
    • Article 20 Scrutiny and approval of the prospectus

      DA

      OP

      GL
    • Article 21 Publication of the prospectus

      Q&A

      RTS

      RTS
    • Article 22 Advertisements

      RTS

      RTS
    • Article 23 Supplements to the prospectus

      RTS

      Q&A

      RTS
  • CHAPTER V CROSS-BORDER OFFERS AND ADMISSIONS TO TRADING ON A REGULATED MARKET AND USE OF LANGUAGES
    • Article 24 Union scope of approvals of prospectuses
    • Article 25 Notification of prospectuses and supplements and communication of final terms

      Q&A

      RTS

      RTS
    • Article 26 Notification of registration documents or universal registration documents

      Q&A

      Q&A
    • Article 27 Use of language

      Q&A
  • CHAPTER VI SPECIFIC RULES IN RELATION TO ISSUERS ESTABLISHED IN THIRD COUNTRIES
    • Article 28 Offer of securities to the public or admission to trading on a regulated market made under a prospectus drawn up in accordance with this Regulation
    • Article 29 Offer of securities to the public or admission to trading on a regulated market made under a prospectus drawn up in accordance with the laws of a third country

      OP
    • Article 30 Cooperation with third countries
  • CHAPTER VII ESMA AND COMPETENT AUTHORITIES
    • Article 31 - Competent authorities
    • Article 32 - Powers of competent authorities
    • Article 33 - Cooperation between competent authorities
    • Article 34 - Cooperation with ESMA
    • Article 35 - Professional secrecy
    • Article 36 - Data protection
    • Article 37 - Precautionary measures
  • CHAPTER VIII ADMINISTRATIVE SANCTIONS AND OTHER ADMINISTRATIVE MEASURES
    • Article 38 - Administrative sanctions and other administrative measures
    • Article 39 - Exercise of supervisory powers and powers to impose sanctions
    • Article 40 - Right of appeal
    • Article 41 - Reporting of infringements
    • Article 42 - Publication of decisions
    • Article 43 - Reporting sanctions to ESMA
  • CHAPTER IX DELEGATED AND IMPLEMENTING ACTS
    • Article 44 - Exercise of the delegation
    • Article 45 - Committee procedure
  • CHAPTER X FINAL PROVISIONS
    • Article 46 - Repeal

      Q&A
    • Article 47 - ESMA report on prospectuses
    • Article 47a Time limitation of the EU Recovery prospectus regime
    • Article 48 - Review
    • Article 49 - Entry into force and application
  • ANNEX I PROSPECTUS
  • ANNEX II REGISTRATION DOCUMENT
  • ANNEX III SECURITIES NOTE
  • ANNEX IV REGISTRATION DOCUMENT FOR THE EU GROWTH PROSPECTUS
  • ANNEX Va MINIMUM INFORMATION TO BE INCLUDED IN THE EU RECOVERY PROSPECTUS
  • ANNEX V SECURITIES NOTE FOR THE EU GROWH PROSPECTUS
  • ANNEX VI - CORRELATION TABLE (referred to in Article 46)
  • ANNEX Va - MINIMUM INFORMATION TO BE INCLUDED IN THE EU RECOVERY PROSPECTUS