Time running out to comply with the Prospectus Directive

time-bomb
Time is running out to comply with the EC's Prospectus Directive

Structured product issuers may not be able to rewrite product documentation in time to meet the European Commission's (EC) amended Prospectus Directive, despite a grandfathering provision that gives firms until July 2013 to comply, according to lawyers.

If the prospectuses are not rewritten, issuers will not be able to continue marketing new versions of existing products. Prospectuses for existing issues that have not been rewritten will risk flouting the new regulations.

"Even the companies

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: