Delays hit Prospectus Directive amendments as European Commission proposes signature requirement

European Commission delays Prospectus Directive amendments and juggles with signature requirement

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European Commission suggestions delay Prospecus Directive amendments

A final decision on amendments to the European Commission's Prospectus Directive  (PD) recommended by the European Securities and Markets Authority (Esma), due in December 2011, has been delayed until at least the beginning of February as a result of changes requested by the European Parliament, according to Christian Vollmuth, managing director at the Deutscher Derivate Verband (DDV) in Berlin. The final impact assessment meeting was replaced by a written procedure.

One of the developments that

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