The new EU Prospectus Directive: Does it display suitable measures in order to harmonise EU securities markets?

Reinhardt, Björn
December 2003
Journal of International Banking Regulation;Dec2003, Vol. 5 Issue 2, p153
Academic Journal
The paper analyses the adopted version of the new EU Prospectus Directive, which overhauls the existing EU prospectus regime and is a key feature of the harmonisation of EU securities markets. The text first examines the economic dimensions of the creation of a single EU securities market and secondly displays the position of the Prospectus Directive within the system of the EU's measures in order to create a single securities market. Furthermore, the paper focuses on the reasons for the storm of protest before the adoption of the Prospectus Directive and examines the major provisions and related changes during the institutional consultations. The text finally addresses any remaining criticism of the Prospectus Directive.


Related Articles

  • Convergence Emerges. Kentouris, Chris // Securities Industry News;8/22/2005, Vol. 17 Issue 28, p1 

    Deals with the need for cross-border consistency in securities regulations in response to globalization. Impact of the lack of regulatory consistency on the securities market; Increase in European Union (EU) transactions in U.S.-listed securities and U.S. transactions in EU-listed securities in...

  • Swift Endorses ISO Formats for EU Communications Standard. Kentouris, Chris // Securities Industry News;10/31/2005, Vol. 17 Issue 36, p16 

    The article focuses on the efforts by the Swift messaging consortium to harmonize clearing- and settlement-related communications in the European Union. In response for a need to unify financial market operations in Europe, the consortium has endorsed an International Organization for...

  • Europe's Post-Trade Battle. Mehta, Nina // Traders Magazine;Sep2007, Vol. 20 Issue 272, p76 

    The article analyzes the European Union's Markets in Financial Instruments Directive to foster competition among execution venues for the trading of pan-European stocks. The author stresses that the thorn embedded in this directive is the region's fragmanted system of post-trade service...

  • SFIG's Task Force will Tackle Europe Securitization Regs. Colomer, Nora // Structuredfinancenews.com;11/13/2014, p5 

    The article focuses on the task force of the Structured Finance Industry Group (SFIG) for responding to the high quality securitization standards of the European Banking Authority (EBA). Topics covered include the Prime Collateralized Securitites Initiative on developing high quality European...

  • Council MiFID stance limits buy-side dark trading. Henderson, Richard // Ai Trade News;2013, p1 

    No abstract available.

  • Europe Boosted By CSD Network, Finds Association. Parsons, Joe // Global Custodian News;2015, p77 

    The article focuses on a 2014 report from the European Central Securities Depository (CSD) Association (ECSDA) which reveals that 34 out of 41 CSDs in the Eurosystem have established both inbound and outbound direct links. It notes that results will be welcomed by market participants, as the...

  • Chinese share price jolt could cause policy paralysis. Raby, Geoff // Australian Financial Review (0404-2018);7/16/2015, p55 

    The author presents insights on the decline in the stock market in China. He discusses the growth of the Shanghai and Shenzhen stock indexes in late 2014, the opening of new trading accounts in the June 2015 quarter, the response of the Chinese government to this market fever, and the economic...

  • Word For Word.  // Traders Magazine;Aug2009, Vol. 22 Issue 299, p16 

    The article presents insights from group executive vice president and head of U.S. markets and global technology at NYSE Euronext Lawrence Leibowitz during the annual Securities Industry and Financial Markets Association market structure conference in May 2009. He points out that firms should do...

  • What's in a name?  // Finweek;3/19/2009, p78 

    The article offers information on the implication of trust fund names in South Africa. Most often, in naming unit trust funds, asset managers include the company name, the type of fund or describe the fund. Experts believe that no matter what unique names they possess, it has nothing to do with...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics