Prospectus Regulation published; in force 1 July 2012

The final text of The Prospectus Regulation 2012 (SI2012/1538) has been published, together with an explanatory memorandum.

The Prospectus Regulation amends the Financial Services and Markets Act 2000 as part of the UK implementation of the EU Amending Directive, which amends the prospectus regime established by the 2003 EU Prospectus Directive. We discuss the Amending Directive and its UK implementation in this post.