European Securities and Markets Authority Q&A Database

Interests earned from client funds deposited at a credit institution

Directive 2014/65/EU - Markets in Financial Instruments Directive (MiFID II)

Scope of reporting under Article 7d of EMIR

European Market Infrastructure Regulation (EMIR) Regulation (EU) No 648/2012- MDP

Prospectus exemption

Prospectus Regulation 2017/1129

Updating information in a universal registration document before it is part of a prospectus (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Home Member State - Global depository receipts over shares (home Member State) (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Conversion or exchange of non-transferable securities and exemption from publishing a prospectus (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Updating of the prospectus (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Valuations and statements prepared by an expert (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Item 6.1.1 of Annex 1 Commission Delegated Regulation 2019/980: clarifying the meaning of “or such shorter period as the issuer has been in operation” (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Item 6.1.1 of Annex 1 Commission Delegated Regulation 2019/980: clarifying the meaning of “or such shorter period as the issuer has been in operation” (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Item 6.1.1 of Annex 1 Commission Delegated Regulation 2019/980: clarifying the meaning of “or such shorter period as the issuer has been in operation” (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Item 6.1.1 of Annex 1 Commission Delegated Regulation 2019/980: clarifying the meaning of “or such shorter period as the issuer has been in operation” (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Order of the information in the prospectus (Updated 09/09/2026)

Prospectus Regulation 2017/1129

The exemptions from the obligation to publish a prospectus in Article 1(5) Prospectus Regulation (EU) 2017/1129 as stand-alone exemptions (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Adjustment of the basis for the 30% calculation in Article 1(5)(a) of the Prospectus Regulation (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Application of Article 1(5)(a) of the Prospectus Regulation (Updated 09/09/2026)

Prospectus Regulation 2017/1129

More than one set of final terms for the same bond issuance (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Incorporation by reference: language requirements (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Supplements - Application of Article 23(3) where an entity distributes its own securities (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Quality of translations of passported prospectuses (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Free offers (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Share option schemes (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Use of the term “prospectus” (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Item 4.1.6 of Annex 11 of Commission Delegated Regulation (EU) 2019/980 (Updated 09/09/2026)

Prospectus Regulation 2017/1129

How should the text "description of the index" included in item 2.2.2 of Annex 17 of the Commission Delegated Regulation (EU) 2019/980 be understood (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Type of underlying (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Issue specific details in case of Category B items (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Subscription of securities by residents of a country where the public offer is not taking place (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Updating information in a registration document or a universal registration document after it is part of a prospectus (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Applicability of the CESR Recommendations to prospectuses drawn up in accordance with the Prospectus Regulation (Updated 09/09/2026)

Prospectus Regulation 2017/1129

Consulting activities to investors or undertakings

ESGR - Regulation (EU) 2024/3005

Access to dataset for factual error review

ESGR - Regulation (EU) 2024/3005

Scope of two working day notification period

ESGR - Regulation (EU) 2024/3005

Consolidated Tape Provider (CTP)

Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets · Art. Commission Delegated Regulation (EU) 2025/1155 of 12 June 2025

Consolidated Tape Provider (CTP)

Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets · Art. Article 22 of MiFIR

Crypto-Asset lending services under MiCA

MiCA

Perimeter of advice under MiCA compared to MiFID II

MiCA

Authorised CASP for providing custody and administration or transfer services for crypto-assets in relation to other crypto-assets being issued after the offer to the public

MiCA · Art. Article 4, Paragraph 5

Legal qualification of Financial Transmission Rights under MiFID II

Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets

Defined ranking system

ESGR - Regulation (EU) 2024/3005

Transitional provisions

ESGR - Regulation (EU) 2024/3005

Material changes to registration information - ESG rating providers

ESGR - Regulation (EU) 2024/3005

ESG rating providers established after date of entry into force

ESGR - Regulation (EU) 2024/3005

Material changes to registration information - external reviewers

EU Green Bond Regulation (EU) 2023/2361

Exemption from white paper requirements when offering a crypto-asset other than an ART or EMT

MiCA

Machine-readable (XBRL) format requirement for modified white papers

MiCA

Annually conducted audit under Commission Delegated Regulation (EU) 2016/957

Market Abuse Regulation (MAR) Regulation (EU) No 596/2014 - Market Intergrity

Trading status for on halt/suspended instruments

Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets

Consolidated Tape Provider (CTP)

Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets · Art. Article 22 of MiFIR

Consolidated Tape Provider (CTP)

Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets · Art. Article 22 of MiFIR