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New version applies from 20/03/2008 — introduced by Directive 2008/11/EC. 87 provisions change. Later versions: 04/01/2011, 26/11/2013, 23/05/2014, 20/07/2017, 21/07/2018, 21/07/2019. Recital 18 changes in this version: compare with the current text.

Recital 18

Recital 18

(18)The provision of full information concerning securities and issuers of those securities promotes, together with rules on the conduct of business, the protection of investors. Moreover, such information provides an effective means of increasing confidence in securities and thus of contributing to the proper functioning and development of securities markets. The appropriate way to make this information available is to publish a prospectus.

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