The Committee of European Securities Regulators (CESR) has published its 10th updated version of Frequently asked questions regarding prospectuses: Common positions agreed by CESR members. Question 6 of the FAQs which relates to whether a prospectus is required in respect of a free offer of securities has been modified.  

View FAQs regarding Prospectuses: Common positions agreed by CESR members (10th updated version - December 2009), 15 January 2010