PR

PR
The Financial Services Authority rules introduced to implement the Prospectus Directive in the UK. Broadly, they require the issue of a prospectus, unless an exemption applies, whenever there is either an offer of transferable securities (transferable security) to the public in the UK or a request for the admission to trading of transferable securities on a regulated market in the UK. They set out the form, content and approval requirements for prospectuses and are contained in the FSA's Prospectus Rules sourcebook.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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