The European Commission announces political agreement on a new prospectus regulation

European Commission

Date: 19 December 2016
On 8 December 2016, the Commission announced that they had reached an agreement with the European Parliament and the Council  on a revamped prospectus regulation.  The new prospectus regulation will replace the existing Directive 2003/71/EC on the prospectus to be published when securities are offered to the public or admitted to trading.  The Commission press release, which summarises some of the proposed changes, is available here.