3 Amendments of Dariusz ROSATI related to 2015/0268(COD)
Amendment 148 #
Proposal for a regulation
Recital 12
Recital 12
(12) For offers of securities to the public of a consideration below EUR 500 000, the cost of producing a prospectus in accordance with this Regulation is likely to be disproportionate to the envisaged proceeds of the offer. It is therefore appropriate that the requirement to draw up a prospectus under this Regulation should not apply to offers of such small scale. Member States should refrain to impose at national level disclosure requirements which would constitute a disproportionate or unnecessary burden in relation to such offers and thus increase fragmentation of the internal market.
Amendment 242 #
Proposal for a regulation
Recital 76
Recital 76
(76) No later than fivthree years after the entry into force of this Regulation, the Commission should review the application of this Regulation and assess in particular whether the disclosure regimes for secondary issuances and for SMEs, the universal registration document and the prospectus summary remain appropriate to meet the objectives pursued by this Regulation.
Amendment 641 #
Proposal for a regulation
Article 46 – paragraph 1
Article 46 – paragraph 1
Before [enter date 53 years after entry into force] the Commission shall present a report to the European Parliament and the Council on the application of this Regulation, accompanied where appropriate by a legislative proposal.