The Financial Services Authority (‘FSA’) has up-dated the Prospectus Rules to bring them into line with EU Regulation 486/2012/EU, which amends the EU Prospectus Regulation (809/2004/EC)2. The amendments relate to the format and content of the prospectus, the base prospectus, the summary and the final terms and also include changes to the disclosure requirements. The FSA has, in addition, made other, minor, changes to the Prospectus Rules as well as to the Code of Market Conduct and the Listing Rules. All the changes came into force on 1 July 2012.

Prospectus Regulation Amendment Instrument 2012 (FSA 2012/34) available at:

http://media.fsahandbook.info/Legislation/2012/2012_34.pdf

Handbook Administration (no. 26) Instrument 2012 (FSA 2012/31) available at:

http://media.fsahandbook.info/Legislation/2012/2012_31.pdf

Handbook Notice 121 available at:

http://www.fsa.gov.uk/static/pubs/handbook/hb-notice121.pdf