Prospectuses: Delegated Regulation on approval, publication and dissemination of advertisements published in Official Journal

Commission Delegated Regulation (EU) 2016/301 laying down regulatory technical standards (RTS) on approval and publication of the prospectus and dissemination of advertisements under the Prospectus Directive has been published in the Official Journal.

This Delegated Regulation establishes RTS that further specify:

• the arrangements for approval of prospectuses;
• the arrangements for publication of prospectuses;
• the dissemination of advertisements; and
• the consistency between information disclosed about an offer to the public or admission to trading on a regulated market, on the one hand, and the information contained in a prospectus, on the other.

The Delegated Regulation will enter into force on 24 March 2016.