Persons responsible for the prospectus

Responsibility for the content of the prospectus must be expressly assumed at least by the offeror, the issuer, the applicant for admission, or the guarantor. In the case of a prospectus for the public offer of securities under Article 3(1) of Regulation (EU) 2017/1129, the offeror must in every case assume responsibility for the content of the prospectus. Where securities are to be admitted to trading on a regulated market on the basis of the prospectus, responsibility for the prospectus must, in addition to the issuer, also be assumed by the credit institution, financial services institution, securities institution, or the undertaking active under section 53(1), first sentence or section 53b(1), first sentence of the Banking Act, where that undertaking jointly applies with the issuer for the admission of the securities. Where a guarantee is provided for the securities, the guarantor must also assume responsibility for the content of the prospectus.