home Member State

Definitions over time (1)

20/01/2005 – 20/03/2008 Article 2, Transparency Directive Scope: Whole act

1. For the purposes of this Directive the following definitions shall apply:

‘home Member State’ means(i)in the case of an issuer of debt securities the denomination per unit of which is less than EUR 1 000 or an issuer of shares:—where the issuer is incorporated in the Community, the Member State in which it has its registered office;—where the issuer is incorporated in a third country, the Member State in which it is required to file the annual information with the competent authority in accordance with Article 10 of Directive 2003/71/EC.The definition of ‘home’ Member State shall be applicable to debt securities in a currency other than Euro, provided that the value of such denomination per unit is, at the date of the issue, less than EUR 1 000, unless it is nearly equivalent to EUR 1 000;(ii)for any issuer not covered by (i), the Member State chosen by the issuer from among the Member State in which the issuer has its registered office and those Member States which have admitted its securities to trading on a regulated market on their territory. The issuer may choose only one Member State as its home Member State. Its choice shall remain valid for at least three years unless its securities are no longer admitted to trading on any regulated market in the Community;

Each has its own scope, dates and uses. Open one to see when it applies.

No text uses this concept on 11/11/2026.