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THE PROPECTUS DIRECTIVE

Description

The Prospectus Directive (PD) sets out the initial disclosure obligations for issuers of securities that are offered to the public or admitted to trading on a regulated market in the EU.  It provides a passport for issuers that enables them to raise capital across the EU on the basis of a single prospectus.

External Links

European Union Commission’ webpage on Prospectus Directives

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European Union Financial Services index