What changes on 20/07/2017

The text in force from 20/12/2008 compared with the text from 20/07/2017.

Read the act as of 20/07/2017 · other versions: 31/12/2019 · 18/03/2021 · 10/11/2021 · 09/01/2024 · 04/12/2024 · 05/03/2026 · 05/06/2026

Chapter I

• inserted Article 1 - Subject matter, scope and exemptions
• inserted Article 2 - Definitions
• inserted Article 3 - Obligation to publish a prospectus and exemption
• inserted Article 4 - Voluntary prospectus
• inserted Article 5 - Subsequent resale of securities

Chapter II

• inserted Article 6 - The prospectus
• inserted Article 7 - The prospectus summary
• inserted Article 8 - The base prospectus
• inserted Article 9 - The universal registration document
• inserted Article 10 - Prospectuses consisting of separate documents
• inserted Article 11 - Responsibility attaching to the prospectus
• inserted Article 12 - Validity of a prospectus, registration document and universal registration document

Chapter III

• inserted Article 13 - Minimum information and format
• inserted Article 14 - Simplified disclosure regime for secondary issuances
• inserted Article 15 - EU Growth prospectus
• inserted Article 16 - Risk factors
• inserted Article 17 - Final offer price and amount of securities
• inserted Article 18 - Omission of information
• inserted Article 19 - Incorporation by reference

Chapter IV

• inserted Article 20 - Scrutiny and approval of the prospectus
• inserted Article 21 - Publication of the prospectus
• inserted Article 22 - Advertisements
• inserted Article 23 - Supplements to the prospectus

Chapter V

• inserted Article 24 - Union scope of approvals of prospectuses
• inserted Article 25 - Notification of prospectuses and supplements and communication of final terms
• inserted Article 26 - Notification of registration documents or universal registration documents
• inserted Article 27 - Use of language

Chapter VI

• inserted 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
• inserted 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
• inserted Article 30 - Cooperation with third countries

Chapter VII

• inserted Article 31 - Competent authorities
• inserted Article 32 - Powers of competent authorities
• inserted Article 33 - Cooperation between competent authorities
• inserted Article 34 - Cooperation with ESMA
• inserted Article 35 - Professional secrecy
• inserted Article 36 - Data protection
• inserted Article 37 - Precautionary measures

Chapter VIII

• inserted Article 38 - Administrative sanctions and other administrative measures
• inserted Article 39 - Exercise of supervisory powers and powers to impose sanctions
• inserted Article 40 - Right of appeal
• inserted Article 41 - Reporting of infringements
• inserted Article 42 - Publication of decisions
• inserted Article 43 - Reporting sanctions to ESMA

Chapter IX

• inserted Article 44 - Exercise of the delegation
• inserted Article 45 - Committee procedure

Chapter X

• inserted Article 46 - Repeal
• inserted Article 47 - ESMA report on prospectuses
• inserted Article 48 - Review
• inserted Article 49 - Entry into force and application

Outside any heading

• inserted Recital 1
• inserted Recital 2
• inserted Recital 3
• inserted Recital 4
• inserted Recital 5
• inserted Recital 6
• inserted Recital 7
• inserted Recital 8
• inserted Recital 9
• inserted Recital 10
• inserted Recital 11
• inserted Recital 12
• inserted Recital 13
• inserted Recital 14
• inserted Recital 15
• inserted Recital 16
• inserted Recital 17
• inserted Recital 18
• inserted Recital 19
• inserted Recital 20
• inserted Recital 21
• inserted Recital 22
• inserted Recital 23
• inserted Recital 24
• inserted Recital 25
• inserted Recital 26
• inserted Recital 27
• inserted Recital 28
• inserted Recital 29
• inserted Recital 30
• inserted Recital 31
• inserted Recital 32
• inserted Recital 33
• inserted Recital 34
• inserted Recital 35
• inserted Recital 36
• inserted Recital 37
• inserted Recital 38
• inserted Recital 39
• inserted Recital 40
• inserted Recital 41
• inserted Recital 42
• inserted Recital 43
• inserted Recital 44
• inserted Recital 45
• inserted Recital 46
• inserted Recital 47
• inserted Recital 48
• inserted Recital 49
• inserted Recital 50
• inserted Recital 51
• inserted Recital 52
• inserted Recital 53
• inserted Recital 54
• inserted Recital 55
• inserted Recital 56
• inserted Recital 57
• inserted Recital 58
• inserted Recital 59
• inserted Recital 60
• inserted Recital 61
• inserted Recital 62
• inserted Recital 63
• inserted Recital 64
• inserted Recital 65
• inserted Recital 66
• inserted Recital 67
• inserted Recital 68
• inserted Recital 69
• inserted Recital 70
• inserted Recital 71
• inserted Recital 72
• inserted Recital 73
• inserted Recital 74
• inserted Recital 75
• inserted Recital 76
• inserted Recital 77
• inserted Recital 78
• inserted Recital 79
• inserted Recital 80
• inserted Recital 81
• inserted Recital 82
• inserted Recital 83
• inserted Recital 84
• inserted Recital 85
• inserted Recital 86
• inserted Recital 87
• inserted Recital 88
• inserted Recital 89
• inserted Preamble
• inserted Annex I
• inserted Annex II
• inserted Annex III
• inserted Annex IV
• inserted Annex V
• inserted Annex VI