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FSC adopted practice on the requirements to the content of the prospectuses for public offering and admission to trading on a regulated market of bond issues

At a meeting on 16.03.2011, FSC adopted Practice on implementation of Art. 92, para 1, Item 3, last proposition, of the Law on Public Offering of Securities (LPOS)  on the requirements to the content of the prospectuses for public offering and admission to trading on a regulated market of bond issues in connection with possible changes in the conditions under which the bonds were issued.
The practice aims at clarifying the scope of the disclosed in the prospectuses information in relation to the possibility for change in the conditions under which the bonds were subscribed, with the purpose of protecting the interests of investors in bonds, including through enhancement of their knowledge, and as consequence, improvement of the transparency, stability and trust in the capital market.