28 May 2004

FEE still concerned about Prospectuses Regulation

In a recent letter to Committee of European Securities Regulators the FEE emphasized its concern as to the practical liability consequences on auditors or independent accountants of the requirements imposed on them by the Regulation. In its initial response to the CESR call for evidence FEE has suggested possible solutions to the issues raised. This letter elaborates further on many of these issues and suggests possible solutions.

FEE highlighted a number of concerns which merited the development of guidance in order to facilitate the consistent implementation of the Prospectuses Regulation across the European Union.

Level 3 Committee for the Securities and Asset Management Industries
www.cesr-eu.org',WIDTH, 300, SHADOW, true, FADEIN, 300, FADEOUT, 300, STICKY, 1,DURATION,3500)" onmouseout="UnTip()");">CESR RegPros.pdf ' target='_blank'>Full letter

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