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- W2744937790 abstract "In order to facilitate widest possible access to European capital market a complete renewal of the Community provision on prospectuses is called for. Therefore Listing Particulars Directive from 1980, was recently replaced by Directive from 2001 and Public Offer Prospectus Directive from 1989 is in now in parliamentary procedure. The main changes incorporated in Directive amended proposal are: introduction of enhanced disclosure standards in line with international standards for the public offer of securities ; introduction of special Community rules for securities designed to be traded by professionals ; introduction of new prospectus format for frequent issuers and duty to update the information on issuers at least once a year ; replacing concept of mutual recognition of the prospectus by concept of simple notification of the prospectus approved by the home competent authority and extensive use of “ comitology” . In the light of current trends in European law, Croatian legislator should reconsider re-implementation of criterion of nominal value of the issue. Issues targeted only to qualified investors should be treated separately. Newly proposed format of the prospectus should be examined and wider use of information technologies should be encouraged." @default.
- W2744937790 created "2017-08-17" @default.
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- W2744937790 date "2004-01-01" @default.
- W2744937790 modified "2023-09-27" @default.
- W2744937790 title "Impact of Prospectus Directive on Croatian Capital Market Act" @default.
- W2744937790 hasPublicationYear "2004" @default.
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