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The electronic prospectus

On March 24th, 2016. entered into force the Commission Regulation (EU) 2016/301 dated 30 November 2015 amending Commission Regulation (EC) no 809/2004 regarding prospectuses, which in some way modifies the existing model of conduct. On the basis of this Polish Financial Supervision Authority on April, 13th, 2016 released guidelines how to apply this regulation.

The novelty is that the issuer in addition to submitting an application for the approval of the prospectus in the form of paper, is obliged to transfer part of the documents to the Polish Financial Supervision Authority by the ePUAP (electronic public administration services platform). This requirement applies primarily to the same opportunity, his next possible subsequent versions, as well as changes to the protocols agreed in the Polish Financial Supervision Authority.

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