• The EU Prospectus Directive
  • March 31, 2004
  • Law Firm: Pillsbury Winthrop LLP - Office
  • The EU Prospectus Directive (Directive 2003/71/EC) became effective on December 31, 2003. The purpose of the Prospectus Directive is to unify the law on the document requirements when offers of securities (whether debt or equity) are made to the public in any Member State of the European Union (EU). There are two key points of note in the Prospectus Directive: