The Prospectus Directive of 4 November 2003 sets the rules on the
publication of a prospectus in the event that securities are
offered to the public or admitted to trading on a stock exchange in
the European Union. These rules apply in all 30 member states of
the European Economic Area. Since member states decide to a large
extent how to implement the Directive in their law, the rules in
the different member states will differ substantially. It is
therefore important not only to have an understanding of the rules
laid down in the Directive but also to obtain knowledge of the
rules applicable in the different states. As an English book it
provides an understanding for non-Europeans of the rules applicable
on the publication of a prospectus. A comprehensive table of
contents, text of the European Directive and a list of national
implementing laws are also included.
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