emendrix

Art. 23

Prospectus Regulation · 32017R1129 · every event for this act · on EUR-Lex

4 changes recorded across 4 events, newest first.

in force 2026-06-05 MODIFIED±0

Amended by Regulation (EU) 2024/2809 32024R2809

applies from: unknown

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in force 2026-03-05 MODIFIED

Amended by Regulation (EU) 2024/2809 32024R2809

applies from: unknown

Sources disagree — the amending act's instructions found this change; the text comparison finds no difference in the provision's text and the EU's own amendment metadata does not list it. All are shown; none is overruled.

No explanation shipped — the structural diff did not see this change, so it carries no text; another signal named the unit and the disagreement ships as `disputed`.

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in force 2024-12-04 MODIFIED

Amended by Regulation (EU) 2024/2809 32024R2809

applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)

dates added to the text: 2026-06-05

The withdrawal period in paragraph 2 was lengthened from two working days to three working days, and the list of items the withdrawal statement must clearly state was reworded, including the addition of the phrase 'all of the following' before points (a) to (c).

Paragraph 3 was rewritten so that the financial intermediary's obligations toward investors purchasing through it are now set out in four lettered points covering informing investors of the timing and website location of a possible supplement, informing them of when electronic contact would be used, offering an opt-in for electronic contact, and warning non-opted-in investors to monitor the website, and the intermediary must now contact investors by electronic means by the end of the following working day, whereas the prior text required only same-day contact without these itemised duties.

A new paragraph 4a restricts the use of a base-prospectus supplement to introduce a new type of security absent certain capital-requirement compliance, and a new paragraph 8 requires ESMA to develop guidelines by 5 June 2026 on when a supplement is to be considered to introduce such a new type of security.

Cited: Art. 23, v2 · Art. 23, v1

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in force 2021-03-18 MODIFIED

Amended by Regulation (EU) 2021/337 32021R0337

applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)

dates added to the text: 2021-03-18, 2022-12-31

A new paragraph 2a has been added establishing a temporary derogation from paragraph 2, extending the investor withdrawal-right period from two working days to three working days, applicable from 18 March 2021 to 31 December 2022.

A new paragraph 3a has also been added, setting out a temporary derogation from paragraph 3 for the same period, describing when a financial intermediary must inform investors purchasing or subscribing securities between prospectus approval and the closing of the initial offer period, and requiring the intermediary to contact investors entitled to the paragraph 2a withdrawal right by the end of the first working day following publication of the supplement.

Paragraphs 1, 2, 3, 4, 5, 6 and 7 remain unchanged between the two versions.

Cited: Art. 23, v2 · Art. 23, v1

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