Updated ESMA Q&A On Prospectuses

On 21 October 2014, ESMA published an updated version of its Q&A on prospectuses.

This update concerns:

  • the summaries in relation to proportionate disclosure regimes;
  • the format for the individual summary relating to several securities;
  • the presentation of selected historical key financial information in the summary;
  • the inclusion of "extra" information in individual summaries.