The Financial Services and Markets Act 2000 (Prospectus) Regulations 2019

1. Introductory Text

2. PART 1 General

   1. 1. Citation, commencement and interpretation

   2. 2. Designation of competent authority

   3. 2A. Designation of supervisory authority for the purposes of Article 1(6a)(b) of the EU Prospectus Regulation

3. PART 2 Amendments of the Financial Services and Markets Act 2000

   1. 3. Introduction

   2. 4. Part 6 rules

   3. 5. Matters which may be dealt with by prospectus rules

   4. 6. Prohibition of dealing etc in transferable securities without approved prospectus

   5. 7. Exempt offers to the public

   6. 8. Election to have prospectus

   7. 9. Criteria for approval of prospectus by FCA

   8. 10. Exemptions from disclosure

   9. 11. Consideration of application for approval

   10. 12. Procedure for decision on application for approval

   11. 13. Repeal of sections 87E and 87F

   12. 14. Repeal of sections 87FA and 87FB

   13. 15. Supplementary prospectus

   14. 16. Repeal of sections 87H and 87I

   15. 17. Power of FCA to suspend scrutiny of prospectus

   16. 18. Power to restrict offer to the public

   17. 19. Power of FCA to restrict admission to trading on a regulated market

   18. 20. Power of FCA to suspend or prohibit trading on a trading facility

   19. 21. Public censure of issuer

   20. 22. Procedure under sections 87K and 87L

   21. 23. Exercise of powers at request of competent authority of another EEA State

   22. 24. Repeal of section 87Q

   23. 25. Compensation for false or misleading statements

   24. 26. Penalties for breach of Part 6 rules

   25. 27. Appointment by FCA of persons to carry out investigations

   26. 28. Reporting of infringements

   27. 29. Exercise of powers where UK is host member state

   28. 30. Meaning of “securities” etc

   29. 31. Meaning of “home State” in relation to transferable securities

   30. 32. Interpretation of Part 6

   31. 33. Publication of Notices

   32. 34. Misleading FCA or PRA: residual cases

   33. 35. Amendments of Schedule 11A

4. PART 3 Amendments of primary legislation

   1. 36. Amendments of the Financial Services Act 2012

   2. 37. Amendments of the Data Protection Act 2018

5. PART 4 Amendments of secondary legislation

   1. 38. Amendments of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

   2. 39. Amendments of the Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013

6. PART 5 Transitional provisions

   1. 40. (1) This regulation applies to a prospectus (“relevant prospectus”) which...

7. PART 6 Review

   1. 41. Review

8. Signature

9. Explanatory Note