One 17 April 2014 three new EU directives on public procurement came into force: (a) The Public Sector Directive ( 2014/24) on public procurement; (b) The Utilities Directive (2014/25) procurement by entities operating in the water, energy, transport and postal services sectors; and (c) The Concessions Directive (2014/23) on the award of concession contracts. These directives are implemented in the UK by the Public Contracts Regulations 2015, the Concessions Contracts Regulations 2016 and the Utilities Contracts Regulations 2016.

Tracker overview This tracker summarises legislative and regulatory developments from 2001 until 31 January 2020, the date of Brexit, in relation to both Regulation (EU) 2017/1129 (referred to in this tracker as the EU Prospectus Regulation or Prospectus Regulation) and the repealed Directive 2003/71/EC (Prospectus Directive). The tracker is split into the following sections: • Recent and future developments (2015 onwards) • Review and further implementation of the Prospectus Directive (2009–2014) • Implementation of the Prospectus Directive (2003–2009) The EU Prospectus Regulation (EU) 2017/1129  was published in the Official Journal of the EU on 30 June 2017 and entered into force in the EU on 20 July 2017. The majority of its provisions have applied in the EU from 21 July 2019 (apart from a few provisions which applied earlier). To view the different stages of discussion and agreement as part of the European legislative process in relation to the Prospectus Regulation, see: EUR-Lex (Procedure 2015/0268/COD). Key documents The following are the level 1 text and level 2 measures relating to the EU Prospectus Regulation: • EU

The European Securities and Markets Authority (ESMA) has published a consultation paper, and updated two final reports and Q&As under the EU Prospectus Regulation, to reflect changes introduced by the Listing Act. The measures aim to promote supervisory convergence and contribute to ESMA’s simplification and burden-reduction efforts. Responses to the consultation—on the update of the guidelines on disclosure requirements—are sought by 9 November 2026.

The Prospectus Regulation (EU) 2017/1129 (the EU Prospectus Regulation) was published in the Official Journal of the EU on 30 June 2017 and replaced the EU prospectus regime established by the Prospectus Directive 2003/71/EC (OJ L 345, 31.12.2003, p. 64) (the Prospectus Directive) with effect from 21 July 2019. For general information on the EU Prospectus Regulation, see Practice Notes: • The EU Prospectus Regulation—essentials • The EU Prospectus Regulation—is a prospectus required? • The EU Prospectus Regulation—prospectus format and contents • The EU Prospectus Regulation—approval and publication of prospectuses and single passport • The EU Prospectus Regulation—level 2 and level 3 measures, and • EU Prospectus Regulation tracker EU Listing Act proposals On 7 December 2022, the Commission put forward measures to further develop the CMU, including proposals on listing known as the Listing Act. In general terms the Listing Act proposals aim to: • alleviate and render more proportionate the requirements that apply both at the moment of listing and when listed • preserve a sufficient degree of transparency, investor protection and market integrity, and

MLex: The European Commission could present its planned Quantum Act late 2026, although internal delays could push the proposal into 2027, an official said. Thomas Skordas, a senior official in the commission’s digital policy department, said the measure is intended to help European quantum companies scale up through procurement, investment and better coordination of national programmes, while helping address the economic-security implications of strategic company acquisitions.

Key information EU REACH Title Regulation (EC) 1907/2006 of the European Parliament and of the Council of 18 December 2006 concerning the Registration, Evaluation, Authorisation and Restriction of Chemicals (EU REACH) Entry into Force 1 June 2007, save for:—Titles II, III, V, VI, VII, XI, XII and Articles 128 and 136, which have applied from 1 June 2008—Article 135 which has applied from 1 August 2008—Title VIII and Annex XVII, which have applied from 1 June 2009. Deadline for transposition N/A—Regulations are directly applicable on Member States and therefore no transposition is required Amending Documents See: EUR-lex linked documents Subject Environment; chemicals; hazardous substances What is EU REACH? Regulation (EC) 1907/2006 of the European Parliament and of the Council of 18 December 2006 concerning the Registration, Evaluation, Authorisation and restriction of Chemicals (EU REACH) requires manufacturers and importers of chemicals to evaluate the risks resulting from the use of those chemicals and to take the necessary steps to manage any identified risk.

Introduction to EU REACH 'EU REACH' is an abbreviated term for Regulation (EC) 1907/2006 of the European Parliament and of the Council concerning the registration, evaluation, authorisation and restriction of chemicals. EU REACH came into force on 1 June 2007 to replace a number of EU Directives and Regulations governing chemicals with a single piece of legislation. It applies directly to all the Member States of the EU. EU REACH assigns the burden of responsibility for understanding and managing the risks associated with chemicals placed on the EU market, and their use, to those manufacturing and/or importing goods containing chemicals. The primary aims of EU REACH are to: • ensure a high-level of protection of human health and the environment • allow the free movement of substances on the EU market • enhance the competitiveness and innovation of the EU chemicals industry, and • promote the use of methods other than vivisection and/or animal testing for the assessment of the hazardous properties of substances This Practice Note forms part of a set of guidance covering EU REACH.

Introduction to REACH 'EU REACH' is an abbreviated term for Regulation (EC) 1907/2006 of the European Parliament and of the Council concerning the registration, evaluation, authorisation and restriction of chemicals. EU REACH came into force on 1 June 2007 to replace a number of EU Directives and Regulations governing chemicals with a single piece of legislation. It applies directly to all the Member States of the EU. EU REACH assigns the burden of responsibility for understanding and managing the risks associated with chemicals placed on the EU market, and their use, to those manufacturing and/or importing goods containing chemicals. The primary aims of REACH are to: • ensure a high level of protection of human health and the environment • allow the free movement of substances on the EU market • enhance the competitiveness and innovation of the EU chemicals industry, and • promote the use of alternative methods for the assessment of the hazardous properties of substances such as quantitative structure-activity relationships This Practice Note forms part of a set of guidance covering

Introduction to EU REACH 'EU REACH' is an abbreviated term for Regulation (EC) 1907/2006 of the European Parliament and of the Council concerning the registration, evaluation, authorisation and restriction of chemicals. EU REACH came into force on 1 June 2007 to replace a number of EU Directives and Regulations governing chemicals with a single piece of legislation. It applies directly to all the Member States of the EU. EU REACH assigns the burden of responsibility for understanding and managing the risks associated with chemicals placed on the EU market, and their use, to those manufacturing and/or importing goods containing chemicals. The primary aims of EU REACH are to: • ensure a high-level of protection of human health and the environment • allow the free movement of substances on the EU market • enhance the competitiveness and innovation of the EU chemicals industry, and • promote the use of methods other than vivisection and/or animal testing for the assessment of the hazardous properties of substances This Practice Note forms part of a set of guidance covering EU REACH.

Introduction to EU REACH 'EU REACH' is an abbreviated term for Regulation (EC) 1907/2006 of the European Parliament and of the Council concerning the registration, evaluation, authorisation and restriction of chemicals. EU REACH came into force on 1 June 2007 to replace a number of EU Directives and Regulations governing chemicals with a single piece of legislation. It applies directly to all the Member States of the EU. EU REACH assigns the burden of responsibility for understanding and managing the risks associated with chemicals placed on the EU market, and their use, to those manufacturing and/or importing goods containing chemicals. The primary aims of REACH are to: • ensure a high level of protection of human health and the environment • allow the free movement of substances on the EU market • enhance the competitiveness and innovation of the EU chemicals industry, and • promote the use of alternative methods for the assessment of the hazardous properties of substances such as quantitative structure-activity relationships This Practice Note forms part of a set of guidance covering

Introduction to EU REACH 'EU REACH' is an abbreviated term for Regulation (EC) 1907/2006 of the European Parliament and of the Council concerning the registration, evaluation, authorisation and restriction of chemicals. EU REACH came into force on 1 June 2007 to replace a number of EU Directives and Regulations with a single piece of legislation and applies directly within all the Member States of the EU. EU REACH assigns the burden of responsibility for understanding and managing the risks associated with chemicals placed on the EU market, and their use, to those manufacturing and/or importing goods containing chemicals. The primary aims of EU REACH are to: • ensure a high-level of protection of human health and the environment • allow the free movement of substances on the EU market • enhance the competitiveness and innovation of the EU chemicals industry, and • promote the use of methods other than vivisection and/or animal testing for the assessment of the hazardous properties of substances This Practice Note forms part of a set of guidance covering EU REACH.

Introduction to REACH 'EU REACH' is an abbreviated term for Regulation (EC) 1907/2006 of the European Parliament and of the Council concerning the registration, evaluation, authorisation and restriction of chemicals. EU REACH came into force on 1 June 2007 to replace a number of EU Directives and Regulations governing chemicals with a single piece of legislation. It applies directly to all the Member States of the EU. EU REACH assigns the burden of responsibility for understanding and managing the risks associated with chemicals placed on the EU market, and their use, to those manufacturing and/or importing goods containing chemicals. The primary aims of REACH are to: • ensure a high level of protection of human health and the environment • allow the free movement of substances on the EU market • enhance the competitiveness and innovation of the EU chemicals industry, and • promote the use of alternative methods for the assessment of the hazardous properties of substances such as quantitative structure-activity relationships This Practice Note forms part of a set of guidance covering EU REACH.