Developments of the Prospectus Directive (2015–2017)—timeline
Developments of the Prospectus Directive (2015–2017)—timeline
  • Developments of the Prospectus Directive (2015–2017)—timeline

This timeline tracks the developments of the Prospectus Directive from 2015 to the current date. Prospectus Regulation developments are covered in the separate timeline: Developments of the Prospectus Regulation (2015 onwards)—timeline.

DateIssuing bodyDocumentDescription
3 July 2017ESMASee News: ESMA reports that prospectus approvals continue to decrease, LNB News 03/07/2017 127ESMA’s annual report on prospectus activity found that the number of prospectus approvals across the European Economic Area (EEA) fell by around 8.5% from 2015 to 2016, continuing the overall decreasing trend seen since the start of the financial crisis. 
30 June 2017Official Journal of the EUSee News: Prospectus Regulation published in the Official Journal, LNB News 30/06/2017 28Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (Prospectus Directive) was published in the Official Journal of the EU.
16 May 2017Council of the EU See News: Council of the EU adopts Prospectus Regulation, LNB News 16/05/2017 55The Council of the EU adopted the Prospectus Regulation. This is the final legislative hurdle and the Regulation will enter into force on the 20th day following its publication in the Official Journal of the EU.
26 January 2017ESMA See News: New ESMA Q&A
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