The FCA has published a note in relation to sending final terms to host competent authorities under the Prospectus Directive from 1 January 2016. The note reminds issuers that from 1 January 2016, issuers are no longer required to send final terms to the competent authority of host member states. Instead, the home competent authority must send final terms that have been filed with it as home competent authority to the competent authorities of host member states. The note sets out how issuers can file their final terms if the FCA is their home competent authority.