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25 April 2003

CESR: Additional Hearing on Prospectus Directive





The Committee of European Securities Regulators (CESR) has decided to hold an additional open hearing on possible implementing measures of the Prospectus Directive.

The hearing will take place at CESR’s premises, 11/13, Avenue de Friedland in Paris on 27th May 2003. The present Feedback Statement on the consultation as well the draft technical advice on level 2 implementing measures of the Prospectus Directive and annexes have been approved by CESR at the Paris meeting held on March 21, 2003 subject to a last check dialogue with market participants.

On Monday 31st March 2003, the European Commission, considering that the European Parliament has not started the second reading on the prospectus proposal, has invited CESR to provide its technical advice on issues initially required for 31st March by July 31st 2003. Written comments, in addition to those carried to the open hearing, should be sent to the secretariat by 16th June 2003.

Draft technical advice
Draft feedback statement
Draft Annexes A, B, C, D, E, F, G and H of the Technical Advice

© CESR - Committee of European Securities Regulators


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