European Securities and Markets Authorities update of the Committee of European Securities Regulators recommendations

Author: European Securities and Markets Authorities

Price Free Publisher European Securities and Markets Authorities Publication date 23 March 2011 ISBN

Publication synopsis As of 1 January 2011 a new European Supervisory Authority (the European Securities and Markets Authority) was established. ESMA took over all existing and on-going tasks from the Committee of European Securities Regulators (CESR) and is the legal successor of CESR. In particular, guidelines, recommendations, and standards issued by CESR continue in force. ESMA has reissued CESR’s recommendations for the consistent implementation of the European Commission’s Regulation on Prospectuses nº 809/2004 with an update of some of the paragraphs of the recommendations included in the previous document.

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