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Published date: 18 February 2015

Consultation on the Review of the Prospectus Directive

13 May 2015


The purpose of the consultation is to gather views on the functioning of the Prospectus Directive and the implementing legislation. The consultation covers a very broad range of issues, for example, the scope of the prospectus requirement and the exemptions thereto, the appropriate level of investor protection, possible ways to reduce administrative burden and costs that seem unnecessary, cross-border issues and the possibility to make the regime more appropriate for small and medium-sized enterprises and companies with reduced market capitalisation.

The Commission would be particularly interested in specific evidence or data substantiating views. The responses will be taken into account in the preparation of a review of the Prospectus Directive and, if and where appropriate, of proposals to amend it.


  • From 18.02.2015 to 13.05.2015.

Target group

All citizens and organisations are welcome to contribute to this consultation. Contributions are particularly sought from c