Press Release: Capital markets union: Council agrees its stance on prospectus rules

On 8 June 2016, the Permanent Representatives Committee (Coreper) agreed, on behalf of the Council of the European Union, a negotiating stance on new rules on prospectuses for the trading of securities.

The draft regulation was aimed at reducing one of the main regulatory hurdles that companies face when issuing equity and debt securities. It set out to simplify administrative obligations related to the publication of prospectuses in a manner that still ensured that investors were well informed.

• Primary Source

European Commission: DG Communication: RAPID: PRESS RELEASE: IP/16/2153, 08.06.16: Commission welcomes Council’s backing of the prospectus reform http://europa.eu/rapid/press-release_IP-16-2153_en.htm

ESO: Background information: Prospectuses for investors http://www.europeansources.info/record/prospectuses-for-investors/

ESO: Background information: Proposal for a Regulation of the European Parliament and of the Council on the prospectus to be published when securities are offered to the public or admitted to trading http://www.europeansources.info/record/proposal-for-a-regulation-of-the-european-parliament-and-of-the-council-on-the-prospectus-to-be-published-when-securities-are-offered-to-the-public-or-admitted-to-trading/

Politico, 17.06.16: EU trading rules delay creates global confusion http://www.politico.eu/article/eu-delay-in-derivatives-rules-creates-global-confusion/

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