Monday 17 October 2011

UK: The Prospectus Regulations 2011 - correction slip published

The Prospectus Regulations 2011 were made on 7 July, laid before Parliament on 8 July and came into force on 31 July: see here or here (pdf). The Regulations amended the Financial Services and Markets Act 2000 in order to implement part of Directive 2010/73/EU, the result of which is to increase certain thresholds regarding the circumstances in which a prospectus must be issued. A correction slip for the Regulations was published last week - see here (pdf) - and this explains that regulation 2 in the originally published Regulations should, in fact, have been number regulation one.

No comments: