◷
New version applies from 18/03/2021 — introduced by Regulation (EU) 2021/337. 17 provisions change. Later versions: 10/11/2021, 09/01/2024, 04/12/2024, 05/03/2026, 05/06/2026.

Prospectus Regulation

Compare contents with Act overview

20/07/2017 → 31/12/2019: 0 inserted · 0 removed · 55 amended · 0 moved · 50 renamed · 90 unchanged

Position-only shifts inside the same heading are not changes. Amended = the printed text changed.

Preamble

Preamble · 1 unchanged

Preamble

Recitals

Recitals · 89 unchanged

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

Chapter I - GENERAL PROVISIONS

  • amendedrenamed Article 1 Chapter I was “Article 1 - Subject matter, scope and exemptions”
  • amended Article 2 - Definitions Chapter I
  • amendedrenamed Article 3 Chapter I was “Article 3 - Obligation to publish a prospectus and exemption”
  • amendedrenamed Article 4 Chapter I was “Article 4 - Voluntary prospectus”
  • amendedrenamed Article 5 Chapter I was “Article 5 - Subsequent resale of securities”

Chapter II - DRAWING UP OF THE PROSPECTUS

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

Chapter III - THE CONTENT AND FORMAT OF THE PROSPECTUS

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

Chapter IV - ARRANGEMENTS FOR APPROVAL AND PUBLICATION OF THE PROSPECTUS

  • amendedrenamed Article 20 Chapter IV was “Article 20 - Scrutiny and approval of the prospectus”
  • amendedrenamed Article 21 Chapter IV was “Article 21 - Publication of the prospectus”
  • amended Article 22 - Advertisements Chapter IV
  • amendedrenamed Article 23 Chapter IV was “Article 23 - Supplements to the prospectus”

Chapter V - CROSS-BORDER OFFERS AND ADMISSIONS TO TRADING ON A REGULATED MARKET AND USE OF LANGUAGES

  • amendedrenamed Article 24 Chapter V was “Article 24 - Union scope of approvals of prospectuses”
  • amendedrenamed Article 25 Chapter V was “Article 25 - Notification of prospectuses and supplements and communication of final terms”
  • amendedrenamed Article 26 Chapter V was “Article 26 - Notification of registration documents or universal registration documents”
  • amendedrenamed Article 27 Chapter V was “Article 27 - Use of language”

Chapter VI - SPECIFIC RULES IN RELATION TO ISSUERS ESTABLISHED IN THIRD COUNTRIES

  • amendedrenamed Article 28 Chapter VI was “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”
  • amendedrenamed Article 29 Chapter VI was “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”
  • amendedrenamed Article 30 Chapter VI was “Article 30 - Cooperation with third countries”

Chapter VII - ESMA AND COMPETENT AUTHORITIES

  • amendedrenamed Article 31 Chapter VII was “Article 31 - Competent authorities”
  • amendedrenamed Article 32 Chapter VII was “Article 32 - Powers of competent authorities”
  • amendedrenamed Article 33 Chapter VII was “Article 33 - Cooperation between competent authorities”
  • amendedrenamed Article 34 Chapter VII was “Article 34 - Cooperation with ESMA”
  • amendedrenamed Article 35 Chapter VII was “Article 35 - Professional secrecy”
  • amendedrenamed Article 36 Chapter VII was “Article 36 - Data protection”
  • amendedrenamed Article 37 Chapter VII was “Article 37 - Precautionary measures”

Chapter VIII - ADMINISTRATIVE SANCTIONS AND OTHER ADMINISTRATIVE MEASURES

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

Chapter IX - DELEGATED AND IMPLEMENTING ACTS

  • amendedrenamed Article 44 Chapter IX was “Article 44 - Exercise of the delegation”
  • amendedrenamed Article 45 Chapter IX was “Article 45 - Committee procedure”

Chapter X - FINAL PROVISIONS

Annexes

Official text · consolidated version 31/12/2019 (no longer in force)
11 queries · page built in 14 msInventory f82bbfa3