FAQs Prospectus Directive

CESR has published its eigth update of the FAQs Prospectus Directive.

Overview of language acceptable in prospectus and summary

CESR has published an overview, setting out the languages that may be used by each member state in a prospectus if the supervisory authority in the member state in question is the authorised body in the member state of origin. The overview sets out the instances when the various domestic regulatory bodies require the summary of the prospectus to be translated.