The Prospectus Directive: creating a single European passport | Practical Law

The Prospectus Directive: creating a single European passport | Practical Law

The new regime prescribed by the Prospectus Directive, which is due to be implemented by EU member states in July next year, will constitute a major step forward in the integration of European securities markets. This article sets out the main features of that regime and considers its implications for both EU and non-EU issuers.

The Prospectus Directive: creating a single European passport

Practical Law UK Articles 2-102-8196 (Approx. 12 pages)

The Prospectus Directive: creating a single European passport

by Pierre-Marie Boury and Raj Panasar, Cleary Gottlieb Steen & Hamilton
Published on 20 May 2004 • European Union
The new regime prescribed by the Prospectus Directive, which is due to be implemented by EU member states in July next year, will constitute a major step forward in the integration of European securities markets. This article sets out the main features of that regime and considers its implications for both EU and non-EU issuers.