ESMA has published yet another updated version of its Prospectuses: Questions and Answers document. This is the 17th iteration of the Q&A document since its inception in 2006. The purpose of the ESMA Q&A document is to promote common approaches and practices in the application of prospectus law across the EU, by providing responses to frequently asked questions posed by the general public and competent authorities in the area.

The 17th updated version of the Q&A document includes the insertion of a new Question 82 regarding summaries in relation to proportionate disclosure regimes.