Status of the guidelines

11. This document contains guidelines issued under Article 16 of the ESMA Regulation addressed to issuers or persons responsible for the prospectus and CAs. In accordance with Article 16(3) of the ESMA Regulation, CAs and issuers or persons responsible for the prospectus must make every effort to comply with guidelines.

12. For the avoidance of doubt, these guidelines do not displace any obligations to comply with requirements set out in Regulations or under Directives. Accordingly, the requirements in MAR relating to prompt disclosure of information to the market or the public as required under the applicable laws and regulations should be complied with.

13.CAs with responsibilities for supervising the TD and MAR requirements should incorporate these guidelines into their supervisory practices and monitor whether issuers comply with them.

14.CAs with responsibilities in approving prospectuses should incorporate these guidelines into their supervisory practices to ensure that persons responsible for the prospectus comply with them.

Reporting requirements