What changes on 20/03/2008

The text in force from 31/12/2003 compared with the text from 20/03/2008, which includes the changes made by Directive 2008/11/EC.

Read the act as of 20/03/2008 · other versions: 04/01/2011 · 26/11/2013 · 23/05/2014 · 20/07/2017 · 21/07/2018 · 21/07/2019

Chapter I

• amended Article 1 - Purpose and scope
• amended Article 2 - Definitions
• amended Article 3 - Obligation to publish a prospectus
• amended Article 4 - Exemptions from the obligation to publish a prospectus

Chapter II

• amended Article 5 - The prospectus
• amended Article 6 - Responsibility attaching to the prospectus
• amended Article 7 - Minimum information
• amended Article 8 - Omission of information
• amended Article 10 - Information
• amended Article 11 - Incorporation by reference
• moved Article 9 - Validity of a prospectus, base prospectus and registration document from
• moved Article 12 - Prospectuses consisting of separate documents from

Chapter III

• amended Article 13 - Approval of the prospectus
• amended Article 14 - Publication of the prospectus
• amended Article 15 - Advertisements
• moved Article 16 - Supplements to the prospectus from

Chapter IV

• moved Article 17 - Community scope of approvals of prospectuses from
• moved Article 18 - Notification from

Chapter V

• amended Article 19 - Use of languages
• amended Article 20 - Issuers incorporated in third countries

Chapter VI

• amended Article 21 - Powers
• amended Article 22 - Professional secrecy and cooperation between authorities
• moved Article 23 - Precautionary measures from

Chapter VII

• amended Article 24 - Committee procedure
• moved Article 25 - Sanctions from
• moved Article 26 - Right of appeal from

Chapter VIII

• amended Article 27 - Amendments
• moved Article 28 - Repeal from
• moved Article 29 - Transposition from
• moved Article 30 - Transitional provision from
• moved Article 31 - Review from
• moved Article 32 - Entry into force from
• moved Article 33 - Addressees from

Outside any heading

• inserted Annex I - PROSPECTUS
• inserted Annex II - REGISTRATION DOCUMENT
• inserted Annex III - SECURITIES NOTE
• inserted Annex IV - SUMMARY NOTE
• amended Recital 1
• amended Recital 2
• amended Recital 3
• amended Recital 4
• amended Recital 5
• amended Recital 6
• amended Recital 7
• amended Recital 8
• amended Recital 9
• amended Recital 10
• amended Recital 11
• amended Recital 12
• amended Recital 13
• amended Recital 14
• amended Recital 15
• amended Recital 16
• amended Recital 17
• amended Recital 18
• amended Recital 19
• amended Recital 20
• amended Recital 21
• amended Recital 22
• amended Recital 23
• amended Recital 24
• amended Recital 25
• amended Recital 26
• amended Recital 27
• amended Recital 28
• amended Recital 29
• amended Recital 30
• amended Recital 31
• amended Recital 32
• amended Recital 33
• amended Recital 34
• amended Recital 35
• amended Recital 36
• amended Recital 37
• amended Recital 38
• amended Recital 39
• amended Recital 40
• amended Recital 41
• amended Recital 42
• amended Recital 43
• amended Recital 44
• amended Recital 45
• amended Recital 46
• amended Recital 47
• amended Recital 48
• amended Recital 49
• amended Preamble