CMU: The New Prospectus Regulation (PD3) - Impact on Issuers of Debt Securities
On 30 June 2017 the long-awaited text of the new Prospectus Regulation was published in the Official Journal - this is an important step forward in the completion of Capital Markets Union.
The new Prospectus Regulation, commonly known as “PD3”, is a key step forward in the European Union’s Capital Markets Union initiative. This article looks in detail at the changes ahead with a particular focus on issuers of debt securities.
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