Monday October 23 2017
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: European Union
Link: https://www.esma.europa.eu/press-news/esma-news/esma-updates-its-qa-prospectuses
The European Securities and Markets Authority (ESMA) has updated its Questions and Answers Document (Q&A) on prospectus related issues.
Question 29, 31, 32 and 44 concerning the following have been updated:
- Conversion or exchange of non-transferable securities and exemption from publishing a prospectus
- Exemption for admission to trading provided for in point (a) of the first subparagraph of Article 1(5) of Prospectus Regulation (EU) 2017/1129
- Exemptions from the obligation to publish a prospectus in Article 1(5) Prospectus Regulation (EU) 2017/1129 as stand-alone exemptions
- Obligation to publish a prospectus for admission of securities to trading on a regulated market (Article 3(2) Directive)
For additional information please click the link above.