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Commission Delegated Regulation (EU) 2019/980Show full title
Commission Delegated Regulation (EU) 2019/980 of 14 March 2019 supplementing Regulation (EU) 2017/1129 of the European Parliament and of the Council as regards the format, content, scrutiny and approval of the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Commission Regulation (EC) No 809/2004 (Text with EEA relevance)
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- 2019 No. 980
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Changes and effects yet to be applied to :
- Ch. 4 heading word substituted by S.I. 2019/1234 reg. 71(6)
- Regulation power to modify conferred by 2023 c. 29 s. 3 Sch. 1 Pt. 1 3
- Regulation revoked by 2023 c. 29 Sch. 1 Pt. 1 3
- List of Annexes Pt. D word substituted by S.I. 2019/1234 Sch. para. 1
- Annex 1 Item 18.3.1 words inserted by S.I. 2019/1234 Sch. para. 2(7)(a)
- Annex 1 Item 7.1.2 words substituted by S.I. 2019/1234 Sch. para. 2(2)
- Annex 1 Item 17.1 words substituted by S.I. 2019/1234 Sch. para. 2(3)(a)
- Annex 1 Item 17.1 words substituted by S.I. 2019/1234 Sch. para. 2(3)(b)
- Annex 1 Item 18.1.3 words substituted by S.I. 2019/1234 Sch. para. 2(4)
- Annex 1 Item 18.1.4 words substituted by S.I. 2019/1234 Sch. para. 2(5)
- Annex 1 Item 18.2.1 words substituted by S.I. 2019/1234 Sch. para. 2(6)
- Annex 1 Item 18.3.1 words substituted by S.I. 2019/1234 Sch. para. 2(7)(b)
- Annex 3 Item 11.2.1 words inserted by S.I. 2019/1234 Sch. para. 3(3)(i)
- Annex 3 Item 10.1 words substituted by S.I. 2019/1234 Sch. para. 3(2)(a)
- Annex 3 Item 10.1 words substituted by S.I. 2019/1234 Sch. para. 3(2)(b)
- Annex 3 Item 11.2.1 words substituted by S.I. 2019/1234 Sch. para. 3(3)(ii)
- Annex 6 Item 11.2.1 words inserted by S.I. 2019/1234 Sch. para. 4(3)(a)
- Annex 6 Item 11.3.1 words inserted by S.I. 2019/1234 Sch. para. 4(4)(a)
- Annex 6 Item 11.1.3 words substituted by S.I. 2019/1234 Sch. para. 4(2)
- Annex 6 Item 11.2.1 words substituted by S.I. 2019/1234 Sch. para. 4(3)(b)
- Annex 6 Item 11.3.1 words substituted by S.I. 2019/1234 Sch. para. 4(4)(b)
- Annex 7 Item 11.2.1 words inserted by S.I. 2019/1234 Sch. para. 5(3)(a)
- Annex 7 Item 11.1.3 words omitted by S.I. 2019/1234 Sch. para. 5(2)(b)
- Annex 7 Item 11.1.3 words substituted by S.I. 2019/1234 Sch. para. 5(2)(a)
- Annex 7 Item 11.1.3 words substituted by S.I. 2019/1234 Sch. para. 5(2)(c)(i)(aa)
- Annex 7 Item 11.1.3 words substituted by S.I. 2019/1234 Sch. para. 5(2)(c)(i)(bb)
- Annex 7 Item 11.1.3 words substituted by S.I. 2019/1234 Sch. para. 5(2)(c)(ii)
- Annex 7 Item 11.2.1 words substituted by S.I. 2019/1234 Sch. para. 5(3)(b)
- Annex 8 Item 10.2.1 word substituted by S.I. 2019/1234 Sch. para. 6(b)(ii) (This amendment not applied to legislation.gov.uk. Sch. para. 6(b) substituted immediately before IP completion day by S.I. 2020/628, regs. 1(3), 17(6)(a))
- Annex 8 Item 10.2.1 words inserted by S.I. 2019/1234 Sch. para. 6(a)
- Annex 8 Item 10.2.1 words substituted by S.I. 2019/1234 Sch. para. 6(b)(i) (This amendment not applied to legislation.gov.uk. Sch. para. 6(b) substituted immediately before IP completion day by S.I. 2020/628, regs. 1(3), 17(6)(a))
- Annex 8 Item 10.2.1 words substituted by S.I. 2019/1234, Sch. para. 6(b) (as substituted) by S.I. 2020/628 reg. 17(6)(a)
- Annex 9 Item 8.2.a.3 words inserted by S.I. 2019/1234 Sch. para. 7(4)(i)
- Annex 9 Item 8.2.a.1 words omitted by S.I. 2019/1234 Sch. para. 7(3)(b)
- Annex 9 Item 8.2.2 words substituted by S.I. 2019/1234 Sch. para. 7(2)
- Annex 9 Item 8.2.a.1 words substituted by S.I. 2019/1234 Sch. para. 7(3)(a)
- Annex 9 Item 8.2.a.1 words substituted by S.I. 2019/1234 Sch. para. 7(3)(c)(i)(aa)
- Annex 9 Item 8.2.a.1 words substituted by S.I. 2019/1234 Sch. para. 7(3)(c)(i)(bb)
- Annex 9 Item 8.2.a.1 words substituted by S.I. 2019/1234 Sch. para. 7(3)(c)(ii)
- Annex 9 Item 8.2.a.3 words substituted by S.I. 2019/1234 Sch. para. 7(4)(ii)
- Annex 10 omitted by virtue of S.I. 2019/1234, Sch. para 7A (as inserted) by S.I. 2020/1385 reg. 66(3)(a)
- Art. 11 omitted by virtue of S.I. 2019/1234, reg. 71(2A) (as inserted) by S.I. 2020/1385 reg. 66(2)(a)
- Annex 11 Item 4.11 words inserted by S.I. 2019/1234 Sch. para. 8(2)
- Annex 11 Item 4.12 words inserted by S.I. 2019/1234 Sch. para. 8(3)
- Annex 12 Item 4.5 words inserted by S.I. 2019/1234 Sch. para. 9
- Annex 13 Item 1.13 words inserted by S.I. 2019/1234 Sch. para. 10(2)
- Annex 13 Item 1.16 words inserted by S.I. 2019/1234 Sch. para. 10(3)
- Annex 13 Item 2.12 words inserted by S.I. 2019/1234 Sch. para. 10(4)
- Annex 14 Item 2.1 words inserted by S.I. 2019/1234 Sch. para. 11(2)
- Annex 14 Item 4.6 words inserted by S.I. 2019/1234 Sch. para. 11(3)
- Annex 14 Item 5.3.1(c) words inserted by S.I. 2019/1234 Sch. para. 11(5)
- Annex 14 Item 4.15 words substituted by S.I. 2019/1234 Sch. para. 11(4)
- Annex 15 Item 2.1 words inserted by S.I. 2019/1234 Sch. para. 12(2)
- Annex 15 Item 4.6 words inserted by S.I. 2019/1234 Sch. para. 12(3)
- Annex 16 Item 2.1 words inserted by S.I. 2019/1234 Sch. para. 13(2)
- Annex 16 Item 4.5 words inserted by S.I. 2019/1234 Sch. para. 13(3)
- Annex 16 Item 4.7 words inserted by S.I. 2019/1234 Sch. para. 13(4)
- Annex 16 Item 5.3.1(c) words inserted by S.I. 2019/1234 Sch. para. 13(5)
- Annex 17 Item 2.2.2 words substituted by S.I. 2019/1234 Sch. para. 14
- Annex 18 Item 2.1 word substituted by S.I. 2019/1234 Sch. para. 15
- Annex 19 Item 1.1 word substituted by S.I. 2019/1234 Sch. para. 16
- Annex 19 Item 1.2 word substituted by S.I. 2019/1234 Sch. para. 16
- Annex 22 Item 1.4 omitted by S.I. 2019/1234 Sch. para. 17
- Annex 23 Item 1.5.1(c) omitted by S.I. 2019/1234 Sch. para. 18(3)(ii)
- Annex 23 Item 1.4 word substituted by S.I. 2019/1234 Sch. para. 18(2)
- Annex 23 heading word substituted by S.I. 2019/1234 Sch. para. 18(2)
- Annex 23 Item 4.2 word substituted by S.I. 2019/1234 Sch. para. 18(5)
- Annex 23 Item 1.5.1 words substituted by S.I. 2019/1234 Sch. para. 18(3)(i)
- Annex 23 Item 2.3.1 words substituted by S.I. 2019/1234 Sch. para. 18(4)
- Annex 23 Item 3.3 words substituted by S.I. 2019/1234 Sch. para. 18(4)
- Annex 23 Item 3.4.1 words substituted by S.I. 2019/1234 Sch. para. 18(4)
- Annex 24 Item 2.5 substituted by S.I. 2019/1234 Sch. para. 19(4)
- Annex 24 heading word substituted by S.I. 2019/1234 Sch. para. 19(2)
- Annex 24 Item 5.2.1 words inserted by S.I. 2019/1234 Sch. para. 19(6)(a)
- Annex 24 Item 5.3.1 words inserted by S.I. 2019/1234 Sch. para. 19(7)(a)
- Annex 24 Item 1.5 words substituted by S.I. 2019/1234 Sch. para. 19(3)
- Annex 24 Item 5.1.3 words substituted by S.I. 2019/1234 Sch. para. 19(5)
- Annex 24 Item 5.2.1 words substituted by S.I. 2019/1234 Sch. para. 19(6)(b)
- Annex 24 Item 5.3.1 words substituted by S.I. 2019/1234 Sch. para. 19(7)(b)
- Annex 24 Item 6.4.1 words substituted by S.I. 2019/1234 Sch. para. 19(8)
- Art. 24(4) omitted by S.I. 2019/1234 reg. 71(4)(a) (This amendment not applied to legislation.gov.uk. Reg. 71(4)(a) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 66(2)(b))
- Art. 24(5) words substituted by S.I. 2019/1234 reg. 71(4)(b) (This amendment not applied to legislation.gov.uk. Reg. 71(4) substituted immediately before IP completion day by S.I. 2020/628, regs. 1(3), 17(5)(a))
- Art. 24(5) words substituted by S.I. 2019/1234, reg. 71(4) (as substituted) by S.I. 2020/628 reg. 17(5)(a)
- Annex 25 s. heading word substituted by S.I. 2019/1234 Sch. para. 20(2)
- Annex 25 Item 5.2.1 words inserted by S.I. 2019/1234 Sch. para. 20(5)(a)
- Annex 25 Item 5.3.1 words inserted by S.I. 2019/1234 Sch. para. 20(6)(a)
- Annex 25 Item 1.5 words substituted by S.I. 2019/1234 Sch. para. 20(3)
- Annex 25 Item 5.1.3 words substituted by S.I. 2019/1234 Sch. para. 20(4)
- Annex 25 Item 5.2.1 words substituted by S.I. 2019/1234 Sch. para. 20(5)(b)
- Annex 25 Item 5.3.1 words substituted by S.I. 2019/1234 Sch. para. 20(6)(b)
- Art. 25(5) omitted by S.I. 2019/1234 reg. 71(5)(a) (This amendment not applied to legislation.gov.uk. Reg. 71(5)(a) omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 66(2)(c))
- Art. 25(6) words substituted by S.I. 2019/1234 reg. 71(5)(b) (This amendment not applied to legislation.gov.uk. Reg. 71(5) substituted immediately before IP completion day by S.I. 2020/628, regs. 1(3), 17(5)(b))
- Art. 25(6) words substituted by S.I. 2019/1234, reg. 71(5) (as substituted) by S.I. 2020/628 reg. 17(5)(b)
- Annex 26 heading word substituted by S.I. 2019/1234 Sch. para. 21(2)
- Annex 26 Item 1.5 words substituted by S.I. 2019/1234 Sch. para. 21(3)
- Annex 26 Item 4.1.12 words substituted by S.I. 2019/1234 Sch. para. 21(4)
- Annex 27 heading word substituted by S.I. 2019/1234 Sch. para. 22(2)
- Annex 27 Item 3.17 word substituted by S.I. 2019/1234 Sch. para. 22(8) (This amendment not applied to legislation.gov.uk. Sch. para. 22(8) omitted immediately before IP completion day by virtue of S.I. 2020/628, regs. 1(3), 17(6)(d) and S.I. 2020/1385, regs. 1(4), 66(3)(d))
- Annex 27 Item 2.1 words inserted by S.I. 2019/1234 Sch. para. 22(4)
- Annex 27 Item 3.1.5 words inserted by S.I. 2019/1234 Sch. para. 22(5)
- Annex 27 Item 3.1.16 words inserted by S.I. 2019/1234 Sch. para. 22(7)
- Annex 27 Item 4.4.3 words inserted by S.I. 2019/1234 Sch. para. 22(9)
- Annex 27 Item 1.5 words substituted by S.I. 2019/1234 Sch. para. 22(3)
- Annex 27 Item 3.1.14 words substituted by S.I. 2019/1234 Sch. para. 22(6)
- Annex 28 Item 3 omitted by S.I. 2019/1234 Sch. para. 23
- Annex 28 Item 4 omitted by S.I. 2019/1234 Sch. para. 23
- Annex 28 Item 5 omitted by S.I. 2019/1234 Sch. para. 23
- Art. 28-31 headings word substituted by S.I. 2019/1234 reg. 71(6)
- Art. 32 heading word substituted by S.I. 2019/1234 reg. 71(7)(a)
- Art. 32(1) words substituted by S.I. 2019/1234 reg. 71(7)(b)(i)
- Art. 32(2) words substituted by S.I. 2019/1234 reg. 71(7)(c)(i)
- Art. 32(2) words substituted by S.I. 2019/1234 reg. 71(7)(c)(ii)
- Art. 32(3) words substituted by S.I. 2019/1234 reg. 71(7)(c)(iii)
- Art. 33 heading words substituted by S.I. 2019/1234 reg. 71(8)(a)
- Art. 33(1) words substituted by S.I. 2019/1234 reg. 71(8)(a)
- Art. 33(3) words substituted by S.I. 2019/1234 reg. 71(8)(a)
- Art. 33(6) words substituted by S.I. 2019/1234 reg. 71(8)(a)
- Art. 33(9) words omitted by S.I. 2019/1234 reg. 71(8)(b)
- Art. 33(10) words omitted by S.I. 2019/1234 reg. 71(8)(b)
- Art. 34 heading word substituted by S.I. 2019/1234 reg. 71(9)(a)
- Art. 34 words substituted by S.I. 2019/1234 reg. 71(9)(b)
- Art. 34 words substituted by S.I. 2019/1234 reg. 71(9)(c)
- Art. 36(1) words substituted by S.I. 2019/1234 reg. 71(10)
- Art. 36(2) words substituted by S.I. 2019/1234 reg. 71(10)
- Art. 37(1) words substituted by S.I. 2019/1234 reg. 71(11)(a)
- Art. 37(2) words substituted by S.I. 2019/1234 reg. 71(11)(b)
- Art. 39 words substituted by S.I. 2019/1234 reg. 71(12)
- Art. 41(1) word omitted by S.I. 2019/1234 reg. 71(13)(a)(ii)
- Art. 41(1) words substituted by S.I. 2019/1234 reg. 71(13)(a)(i)
- Art. 41(2) words substituted by S.I. 2019/1234 reg. 71(13)(b)
- Art. 41(3) substituted by S.I. 2019/1234 reg. 71(13)(c)
- Art. 41(3) words substituted in earlier amending provision S.I. 2019/1234, reg. 71(13)(c) by S.I. 2020/1301 reg. 3 Sch. para. 48(e)(iv)
- Art. 41(4) words substituted by S.I. 2019/1234 reg. 71(13)(d)
- Art. 43(1) words substituted by S.I. 2019/1234 reg. 71(15)(a)
- Art. 43(2) words substituted by S.I. 2019/1234 reg. 71(15)(b)
- Art. 45(1) words substituted by S.I. 2019/1234 reg. 71(16)(a)
- Art. 45(2) words substituted by S.I. 2019/1234 reg. 71(16)(b)
Changes and effects yet to be applied to the whole legislation item and associated provisions
- Signature words omitted by S.I. 2019/1234 reg. 71(17)
- Art. 1(b) substituted by S.I. 2019/1234 reg. 71(2)(a)
- Art. 1(b) words substituted in earlier amending provision S.I. 2019/1234, reg. 71(2)(a) by S.I. 2020/1301 reg. 3 Sch. para. 48(e)(i)
- Art. 1(f)-(i) inserted by S.I. 2019/1234 reg. 71(2)(b)
- Art. 1(i) words substituted in earlier amending provision S.I. 2019/1234, reg. 71(2)(b) by S.I. 2020/1301 reg. 3 Sch. para. 48(e)(ii)
- Art. 23a inserted by S.I. 2019/1234 reg. 71(3)
- Art. 23a words substituted in earlier amending provision S.I. 2019/1234, reg. 71(3) by S.I. 2020/1301 reg. 3 Sch. para. 48(e)(iii)
- Annex 24 s. 1 word substituted by S.I. 2019/1234 Sch. para. 19(2)
- Annex 25 s. 1 word substituted by S.I. 2019/1234 Sch. para. 20(2)
- Annex 26 s. 1 word substituted by S.I. 2019/1234 Sch. para. 21(2)
- Annex 26 para. 1 Table words substituted by S.I. 2022/838 reg. 23
- Annex 27 s. 1 word substituted by S.I. 2019/1234 Sch. para. 22(2)
- Art. 32(1)(d) word substituted by S.I. 2019/1234 reg. 71(7)(b)(ii)
- Art. 42(2)(e)-(g) omitted by S.I. 2019/1234 reg. 71(14)(a)
- Art. 42(2)(h) words substituted by S.I. 2019/1234 reg. 71(14)(b)
CHAPTER II CONTENT OF THE PROSPECTUS
SECTION 1 Minimum information to be included in the registration documents
Article 4. Registration document for secondary issuances of equity securities
Article 5.Registration document for units of closed-end collective investment undertakings
Article 6.Registration document for depository receipts issued over shares
Article 7.Registration document for retail non-equity securities
Article 8.Registration document for wholesale non-equity securities
Article 9.Registration document for secondary issuances of non-equity securities
Article 10.Registration document for asset-backed securities
Article 11.Registration document for non-equity securities issued by third countries and their regional and local authorities
SECTION 2 Minimum information to be included in the securities notes
Article 12. Securities note for equity securities or units issued by collective investment undertakings of the closed-end type
Article 13. Securities note for secondary issuances of equity securities or of units issued by collective investment undertakings of the closed-end type
Article 14.Securities note for depository receipts issued over shares
Article 16.Securities note for wholesale non-equity securities
Article 17.Securities note for secondary issuances of non-equity securities
SECTION 3 Additional information to be included in the prospectus
CHAPTER V SCRUTINY AND APPROVAL OF THE PROSPECTUS AND REVIEW OF THE UNIVERSAL REGISTRATION DOCUMENT
Article 36.Criteria for the scrutiny of the completeness of the information contained in the prospectus
Article 37.Criteria for the scrutiny of the comprehensibility of the information contained in the prospectus
Article 38.Criteria for the scrutiny of the consistency of the information contained in the prospectus
Article 39.Scrutiny of the information contained in the prospectus of specialist issuers
Article 40.Additional criteria for the scrutiny of the completeness, consistency and comprehensibility of the information contained in the prospectus
Article 41.Proportionate approach in the scrutiny of draft prospectuses and review of the universal registration document
Article 42.Submission of an application for approval of a draft prospectus or filing of a universal registration document or of amendments thereto
Article 43.Changes to a draft prospectus during the approval procedure
Article 44.Submission for approval of the final draft of the prospectus
Article 45.Acknowledgment of the receipt of an application for approval of a draft prospectus, or of the filing of a universal registration document or of an amendment thereto, and processing of an application for approval of a draft prospectus
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