This Essay gives a general overview of the EC securities regulations and their influence on the offerings of securities involving several EU markets, with a particular focus on the disclosure requirements and the registration of prospectuses. This Essay will also discuss some regulatory concerns regarding the use of licensed intermediaries and their role in organizing a multi-jurisdictional securities offering. Lastly, this Essay will examine the debate on the reconciliation of various accounting principles and disclosure standards, an issue that is presently regarded as a priority on regulators' agenda, and one which will certainly affect the accounting practices adopted by global issuers of securities.
Giovanni Nardulli and Antonio Segni,
EU Cross-Border Securities Offerings: An Overview,
19 Fordham Int'l L.J. 887
Available at: http://ir.lawnet.fordham.edu/ilj/vol19/iss3/4