The Prospectus (Amendment etc.) (EU Exit) Regulations 2019

  1. Introductory Text

  3. PART 1 General

    1. 1.Citation, commencement and interpretation

  4. PART 2 Amendments of FSMA

    1. 2.Amendments of FSMA

    2. 3.Matters which may be dealt with by prospectus rules

    3. 4.Prohibition of dealing etc in transferable securities without approved prospectus

    4. 5.Exempt offers to the public and admissions to trading

    5. 6.Power of FCA to suspend or prohibit trading on a trading facility

    6. 7.Reporting of infringements

    7. 8.Publication of notices

    8. 9.Publication of notices – prospectus regulation

  5. PART 3 Amendments of the 2019 Regulations

    1. 10.Amendments of the 2019 Regulations

    2. 11.Regulation 4

    3. 12.Regulation 6

    4. 13.Regulation 8

    5. 14.Regulation 9

    6. 15.Regulation 10

    7. 16.Regulations 11 to 17

    8. 17.Regulation 30

    9. 18.Regulation 31

    10. 19.Regulation 36

    11. 20.Regulation 38

    12. 21.Regulations 40 to 66

    13. 22.Amendment of Commission Regulation (EC) No. 1569/2007

    14. 23.Amendment of the transitional provision

    15. 24.Revocation of Schedule 1

    16. 25.Amendments of Schedule 2

  6. PART 4 Amendments of other secondary legislation

    1. 26.Amendments of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

    2. 27.Amendments of the Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019

    3. 28.Amendment of the Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019

    4. 29.Amendments of the Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019

    5. 30.Amendment of the Financial Services and Markets Act 2000 (Prospectus) Regulations 2019

  7. PART 5 Amendments of retained European Union law

    1. CHAPTER 1 Amendments of the Prospectus Regulation

      1. 31.Amendments of the Prospectus Regulation

      2. 32.Subject matter, scope and exemptions

      3. 33.Definitions

      4. 34.Obligation to publish a prospectus and exemptions

      5. 35.Voluntary prospectus

      6. 36.The prospectus summary

      7. 37.The base prospectus

      8. 38.The universal registration document

      9. 39.Prospectuses consisting of separate documents

      10. 40.Responsibility attaching to the prospectus

      11. 41.Minimum information and format

      12. 42.Simplified disclosure regime for secondary issuers

      13. 43.EU Growth prospectus

      14. 44.Risk factors

      15. 45.Final offer price and amount of securities

      16. 46.Omission of information

      17. 47.Incorporation by reference

      18. 48.Scrutiny and approval of the prospectus

      19. 49.Publication of the prospectus

      20. 50.Advertisements

      21. 51.Supplements to the prospectus

      22. 52.Omission of Articles 24 to 27

      23. 53.Third country issuers - prospectus drawn up in accordance with Regulation (EU) 2017/1129

      24. 54.Third country issuers - prospectus drawn up in accordance with laws of a third country

      25. 55.Cooperation with third countries

      26. 56.Amendment of heading of Chapter 7

      27. 57.Omission of Article 31

      28. 58.Powers of competent authorities

      29. 59.Omission of Articles 33 and 34

      30. 60.Professional secrecy

      31. 61.Data protection

      32. 62.Omission of Articles 37 to 41

      33. 63.Publication of decisions

      34. 64.Omission of Article 43

      35. 65.Amendment of heading of Chapter 9

      36. 66.Omission of Articles 44 and 45 and insertion of Article 45a

      37. 67.Omission of Articles 47 and 48

      38. 68.Entry into force etc.

      39. 69.Final provisions

      40. 70.Annexes

    2. CHAPTER 2 Amendments of Commission Delegated Regulation (EU) 2019/980

      1. 71.Amendments of Commission Delegated Regulation (EU) 2019/980

    3. CHAPTER 3 Amendments of Commission Regulation (EC) 1569/2007

      1. 72.Amendments of Commission Regulation (EC) No. 1569/2007

    4. CHAPTER 4 Amendments of the EEA Agreement

      1. 73.Amendments of EEA Agreement

  8. PART 6 Transitional provision

    1. 74.Transitional provision for prospectuses notified under the Prospectus Regulation before IP completion day

    2. 75.Transitional provision for registration documents and universal registration documents notified under the Prospectus Regulation before IP completion day

  9. Signature

    1. SCHEDULE

      Amendments of Annexes to Commission Delegated Regulation (EU) 2019/980

      1. 1.In the List of Annexes, for each of the headings...

      2. 2.(1) Annex 1 is amended as follows.

      3. 3.(1) Annex 3 is amended as follows.

      4. 4.(1) Annex 6 is amended as follows.

      5. 5.(1) Annex 7 is amended as follows.

      6. 6.In Annex 8, in item 10.2.1— (a) before “Directive” in...

      7. 7.(1) Annex 9 is amended as follows.

      8. 7A.Omit Annex 10.

      9. 8.(1) Annex 11 is amended as follows.

      10. 9.In Annex 12, in item 4.5, for “Member State” insert...

      11. 10.(1) Annex 13 is amended as follows.

      12. 11.(1) Annex 14 is amended as follows.

      13. 12.(1) Annex 15 is amended as follows.

      14. 13.(1) Annex 16 is amended as follows.

      15. 14.In Annex 17, in item 2.2.2, in the 5th point...

      16. 15.In Annex 18. in item 2.1, for “EU” substitute “...

      17. 16.In Annex 19, in items 1.1 and 1.2, for “ESMA”...

      18. 17.In Annex 22, omit item 1.4.

      19. 18.(1) Annex 23 is amended as follows.

      20. 19.(1) Annex 24 is amended as follows.

      21. 20.(1) Annex 25 is amended as follows.

      22. 21.(1) Annex 26 is amended as follows.

      23. 22.(1) Annex 27 is amended as follows.

      24. 23.In Annex 28, omit items 3, 4 and 5.

  11. Explanatory Note