CESR published an additional consultation paper on possible draft technical measures to implement the Prospectus Directive. The proposed measures to implement the Prospectus Directive include:
minimum disclosure requirements for securities issued by EU Member States, Non-EU States and their regional or local authorities and
proposals regarding the dissemination of advertisements in relation to an offer of securities to the public or the admission to trading.
Responses should be send by 30 October 2003 and should be addressed by e-mail to Mr Fabrice Demarigny, Secretary General of CESR at secretariat@europefesco.org. A public hearing will be held in Paris on 9 October 2003 at the CESR offices.
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