FIN.

New Prospectus Regulations take effect in July

Treasury has amended the current UK rules on Prospectuses to implement the EU Prospectus Regulation which repeated the 2003 Prospectus Directive. The Regulations designate FCA as the UK Competent Authority and make various changes to FSMA (and some consequential changes to other legislation) in respect of its powers, procedure and defined terms. The changes take effect on 21 July.

 

 

FIN. Team