Deutsches Aktieninstitut is concerned about ESMA's proposals regarding supplements to prospectuses
With this position paper Deutsches Aktieninstitut contributes to ESMA’s consultation on “Draft Regulatory Technical Standards on specific situations that require the publication of a supplement to the prospectus”. ESMA's proposals on supplements to prospectuses contractict the wording and the objective of the Prospectus Directive and Regulation. As a consequence, the issuance of debt securities will likely be more complicated without improving investor protection.
Publicity and transparency
Contact Sven E. Hemeling Head of Stock Corporation Law Tel.+49 69 92915-27 hemeling(at)dai.de