CESR consults on minimum disclosure requirements f

CESR consults on minimum disclosure requirements for sovereign issuers and financial information on prospectus

CESR releases today a consultation paper on possible draft technical measures to implement the Directive on Prospectus. The proposed measures would need to be met when securities are offered to the public or admitted to trading. Responses to the consultation paper (Ref. CESR/03-210 and Annexes available on the CESR website) are required by 30 October 2003. This will shape the basis of CESR's final submission to the European Commission requested by 31 December 2003. Interested parties are invited to attend a public hearing to be held in Paris on 9 October 2003 (afternoon) at the CESR offices.