ESMA has updated its Q&A on prospectus-related issues. A new question has been added regarding the level of disclosure which should be included in a prospectus related to securities which may be subject to write-down or conversion powers under the BRRD. In addition, the existing question on calculation of the €5 million threshold in Article 1(2)(h) of the Prospectus Directive has been extended to cover also calculation of the €75 million threshold in Article 1(2)(j). (Source: ESMA Updates Prospectuses Q&A)