Prospectuses

The CSSF is in charge of enforcing the law on prospectuses for securities of 10 July 2005 concerning the drawing-up, approval and distribution to be published when securities are offered to the public or admitted to trading on a regulated market (the "Prospectus Law"), as well as Commission Regulation (EC) No 809/2004 of 29 April 2004 implementing Directive 2003/71/EC (the "Prospectus Directive") of the European Parliament and of the Council as regards information contained in prospectuses as well as the format, incorporation by reference and publication of such prospectuses and dissemination of advertisements.

The prospectuses drawn up in accordance with the Prospectus Regulation will be able to benefit from the single European passport, meaning that a prospectus, once approved for the offer to the public or the admission to trading on a regulated market by the CSSF, will be accepted anywhere across the European Union.

 

Publication of the prospectuses

The Prospectus Law does not include the option provided by the Prospectus Directive to require the publication of a notice stating how the prospectus has been made available and where it can be obtained by the public. All other possibilities for publication provided by the Prospectus Directive (newspapers, printed brochures, website) have been integrated into the Prospectus Law. Furthermore, the prospectuses are published by the CSSF on the website of the Luxembourg Stock Exchange for a period of at least twelve months. Indeed, pursuant to Article 16(4) and Article 38(4) of the Prospectus Law, the CSSF has delegated the publication of prospectuses to the Luxembourg Stock Exchange, which publishes them on its website at www.bourse.lu.

News

17/26 - 13 July 2017 : Publication of the new prospectus regulation (only in French)

Contact

Jerry OSWALD

jerry.oswald@cssf.lu

Tel.: (+352) 26 251 2468

 

Julien MAY

julien.may@cssf.lu

Tel.: (+352) 26 251 2500

 

Patrick FRICKE

patrick.fricke@cssf.lu

Tel.: (+352) 26 251 2508