Press Release: Financial services: European Commission presents an amended proposal on prospectuses

The European Commission presented an amended proposal for a Directive on prospectuses on 9 August 2002 taking account of the European Parliament's opinion on the original proposal put forward by the European Commission on 30 May 2001. The amended proposal, would make it easier and cheaper for companies to raise capital throughout the EU, while reinforcing protection for investors by guaranteeing that all prospectuses, wherever in the EU they are issued, provide them with the clear and comprehensive information they need to make investment decisions.

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