# The Financial Services and Markets Act 2000 (Prospectus) Regulations 2019 (revoked) S.I. 2019/1043 · made 24 June 2019 · revised to 19 January 2026 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PDFs: Printed copy https://openlegislation.uk/financial-services-and-markets-act-2000-prospectus-regulations-2019-revoked/pdf/uksi_20191043_en.pdf; UK Explanatory Memorandum https://openlegislation.uk/financial-services-and-markets-act-2000-prospectus-regulations-2019-revoked/pdf/uksiem_20191043_en.pdf ## Introductory text Financial Services And Markets Made 24th June 2019 Laid before Parliament 25th June 2019 Coming into force 21st July 2019 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 1: General ## 1 Citation, commencement and interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Designation of competent authority . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2A Designation of supervisory authority for the purposes of Article 1(6a)(b) of the EU Prospectus Regulation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 2: Amendments of the Financial Services and Markets Act 2000 ## 3 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 Part 6 rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 Matters which may be dealt with by prospectus rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 Prohibition of dealing etc in transferable securities without approved prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 7 Exempt offers to the public . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 8 Election to have prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 9 Criteria for approval of prospectus by FCA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10 Exemptions from disclosure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 11 Consideration of application for approval . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 12 Procedure for decision on application for approval . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 13 Repeal of sections 87E and 87F . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 14 Repeal of sections 87FA and 87FB . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 15 Supplementary prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 16 Repeal of sections 87H and 87I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 17 Power of FCA to suspend scrutiny of prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 18 Power to restrict offer to the public . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 19 Power of FCA to restrict admission to trading on a regulated market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 20 Power of FCA to suspend or prohibit trading on a trading facility . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 21 Public censure of issuer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 22 Procedure under sections 87K and 87L . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 23 Exercise of powers at request of competent authority of another EEA State . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 24 Repeal of section 87Q . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 25 Compensation for false or misleading statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 26 Penalties for breach of Part 6 rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 27 Appointment by FCA of persons to carry out investigations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 28 Reporting of infringements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 29 Exercise of powers where UK is host member state . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 30 Meaning of “securities” etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 31 Meaning of “home State” in relation to transferable securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 32 Interpretation of Part 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 33 Publication of Notices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 34 Misleading FCA or PRA: residual cases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 35 Amendments of Schedule 11A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 3: Amendments of primary legislation ## 36 Amendments of the Financial Services Act 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 37 Amendments of the Data Protection Act 2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 4: Amendments of secondary legislation ## 38 Amendments of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 39 Amendments of the Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 5: Transitional provisions ## 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 6: Review ## 41 Review . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Signature . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Explanatory note . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --- Source: https://www.legislation.gov.uk/uksi/2019/1043 (the official version) Page: https://openlegislation.uk/financial-services-and-markets-act-2000-prospectus-regulations-2019-revoked Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.