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Regulation 2017/1129/EU - Prospectus Regulation (Assimilated Law)RecitalsChapter I General provisions (arts. 1-5)Article 1 Subject matter, scope and exemptionsArticle 2 DefinitionsArticle 3 Obligation to publish a prospectus and exemptionArticle 4 Voluntary prospectusArticle 5 Subsequent resale of securitiesChapter II Drawing up of the prospectus (arts. 6-12)Article 6 The prospectusArticle 7 The prospectus summaryArticle 8 The base prospectusArticle 9 The universal registration documentArticle 10 Prospectuses consisting of separate documentsArticle 11 Responsibility attaching to the prospectusArticle 12 Validity of a prospectus, registration document and universal registration documentChapter III The content and format of the prospectus (arts. 13-19)Article 13 Minimum information and formatArticle 14 Simplified disclosure regime for secondary issuancesArticle 15 UK Growth prospectusArticle 16 Risk factorsArticle 17 Final offer price and amount of securitiesArticle 18 Omission of informationArticle 19 Incorporation by referenceChapter IV Arrangements for approval and publication of the prospectus (arts. 20-23)Article 20 Scrutiny and approval of the prospectusArticle 21 Publication of the prospectusArticle 22 AdvertisementsArticle 23 Supplements to the prospectusChapter V Cross-border offers and admissions to trading on a regulated market and use of languages (arts. 24-27)Article 24 Union scope of approvals of prospectusesArticle 25 Notification of prospectuses and supplements and communication of final termsArticle 26 Notification of registration documents or universal registration documentsArticle 27 Use of languageChapter VI Specific rules in relation to issuers established in third countries (arts. 28-30)Article 28 Offer of securities to the public or admission to trading on a regulated market made under a prospectus drawn up in accordance with this RegulationArticle 29 Offer of securities to the public or admission to trading on a regulated market made under a prospectus drawn up in accordance with the laws of a third countryArticle 30 Cooperation with third countriesChapter VII The competent authority (arts. 31-37)Article 31 Competent authoritiesArticle 32 Powers of the competent authorityArticle 33 Cooperation between competent authoritiesArticle 34 Cooperation with ESMAArticle 35 Professional secrecyArticle 36 Data protectionArticle 37 Precautionary measuresChapter VIII Administrative sanctions and other administrative measures (arts. 38-43)Article 38 Administrative sanctions and other administrative measuresArticle 39 Exercise of supervisory powers and powers to impose sanctionsArticle 40 Right of appealArticle 41 Reporting of infringementsArticle 42 Publication of decisionsArticle 43 Reporting sanctions to ESMAChapter IX Treasury regulations (arts. 44-45a)Article 44 Exercise of the delegationArticle 45 Committee procedureArticle 45a Treasury regulationsChapter X Final provisions (arts. 46-49)Article 46 RepealArticle 47 ESMA report on prospectusesArticle 48 ReviewArticle 49 Entry into force and applicationAnnex I ProspectusAnnex II Registration documentAnnex III Securities noteAnnex IV Registration document for the UK Growth prospectusAnnex V Securities note for the UK Growth prospectusAnnex VIDone at
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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Article 3 Obligation to publish a prospectus and exemption

1. Without prejudice to Article 1(4), securities shall only be offered to the public in the United Kingdom after prior publication of a prospectus in accordance with this Regulation.

2. [deleted]

3. Without prejudice to Article 1(5), securities shall only be admitted to trading on a regulated market situated or operating within the United Kingdom after prior publication of a prospectus in accordance with this Regulation.

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