ESMA_QA_970

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/970

---

Regulatory Context

Regulation : PROSPECTUS

Level 1 Regulation: Prospectus Regulation 2017/1129

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: Registration Document

Subject Matter: Updating information in a registration document before it is part of a prospectus

---

Question

Submission Date: 27 March 2019

How should the information in a registration document be updated before it is a constituent part of a prospectus?

---

ESMA Answer

Answer Date: 27-03-2019

[ESMA/2019/ESMA31-62-1258 Q&A 3.1] The information in a registration document is updated via a supplement pursuant to Article 10(1) of the Prospectus Regulation if it is not a constituent part of a prospectus. This supplement must be submitted for approval to the competent authority that approved the registration document. Where the registration document was passported before the supplement was approved, the approved supplement must be passported to the same Member States as the registration document pursuant to Article 26(5) of the Prospectus Regulation. Withdrawal rights According to Article 10(1) of the Prospectus Regulation, the right to withdraw acceptances does not apply when a registration document is supplemented. This is a consequence of the fact that there is no offer of securities to the public if a registration document is not a constituent part of a prospectus.

---

This document was automatically extracted from the ESMA EMIR Q&A database.