Home › Capital Markets & Securities › Prospectus Delegated Regulation

Prospectus Delegated Regulation In force since 21 July 2019

Commission Delegated Regulation (EU) 2019/980 of 14 March 2019 supplementing Regulation (EU) 2017/1129 of the European Parliament and of the Council as regards the format, content, scrutiny and approval of the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Commission Regulation (EC) No 809/2004
32019R0980 · official text on EUR-Lex

This English text is a careful, terminology-researched translation prepared by eucite.com — not an official government translation. The German original linked above is the legally authoritative text.

Articles

Chapter I DEFINITIONS

• Article 1 — Definitions

Chapter II CONTENT OF THE PROSPECTUS

Section 1 Minimum information to be included in the registration documents

• Article 2 — Registration document for equity securities
• Article 3 — Universal registration document
• Article 4 — Registration document for secondary issuances of equity securities
• Article 5 — Registration document for units of closed-end collective investment undertakings
• Article 6 — Registration document for depository receipts issued over shares
• Article 7 — Registration document for retail non-equity securities
• Article 8 — Registration document for wholesale non-equity securities
• Article 9 — Registration document for secondary issuances of non-equity securities
• Article 10 — Registration document for asset-backed securities
• Article 11 — Registration document for non-equity securities issued by third countries and their regional and local authorities

Section 2 Minimum information to be included in the securities notes

• Article 12 — Securities note for equity securities or units issued by collective investment undertakings of the closed-end type
• Article 13 — Securities note for secondary issuances of equity securities or of units issued by collective investment undertakings of the closed-end type
• Article 14 — Securities note for depository receipts issued over shares
• Article 15 — Securities note for retail non-equity securities
• Article 16 — Securities note for wholesale non-equity securities
• Article 17 — Securities note for secondary issuances of non-equity securities

Section 3 Additional information to be included in the prospectus

• Article 18 — Complex financial history and significant financial commitment of issuers of equity securities
• Article 19 — Securities that are exchangeable for or convertible into shares
• Article 20 — Securities giving rise to payment or delivery obligations linked to an underlying asset
• Article 21 — Asset backed securities
• Article 22 — Guarantees
• Article 23 — Consent

Chapter III FORMAT OF THE PROSPECTUS

• Article 24 — Format of a prospectus
• Article 25 — Format of a base prospectus
• Article 26 — Information to be included in the base prospectus and the final terms
• Article 27 — Prospectus summary

Chapter IV THE EU GROWTH PROSPECTUS

• Article 28 — EU Growth registration document for equity securities
• Article 29 — EU Growth registration document for non-equity securities
• Article 30 — EU Growth securities note for equity securities
• Article 31 — EU Growth securities note for non-equity securities
• Article 32 — Format of the EU Growth prospectus
• Article 33 — Specific summary for the EU Growth prospectus
• Article 34 — Supplements to the specific summary for the EU Growth prospectus

Chapter V SCRUTINY AND APPROVAL OF THE PROSPECTUS AND REVIEW OF THE UNIVERSAL REGISTRATION DOCUMENT

• Article 35 — Scope of the scrutiny
• Article 36 — Criteria for the scrutiny of the completeness of the information contained in the prospectus
• Article 37 — Criteria for the scrutiny of the comprehensibility of the information contained in the prospectus
• Article 38 — Criteria for the scrutiny of the consistency of the information contained in the prospectus
• Article 39 — Scrutiny of the information contained in the prospectus of specialist issuers
• Article 40 — Additional criteria for the scrutiny of the completeness, consistency and comprehensibility of the information contained in the prospectus
• Article 41 — Proportionate approach in the scrutiny of draft prospectuses and review of the universal registration document
• Article 42 — Submission of an application for approval of a draft prospectus or filing of a universal registration document or of amendments thereto
• Article 43 — Changes to a draft prospectus during the approval procedure
• Article 44 — Submission for approval of the final draft of the prospectus
• Article 45 — Acknowledgment of the receipt of an application for approval of a draft prospectus, or of the filing of a universal registration document or of an amendment thereto, and processing of an application for approval of a draft prospectus

Chapter VI FINAL PROVISIONS

• Article 46 — Repeal
• Article 47 — Entry into force and application