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Book II - Issuers and financial disclosure
Title I - Offer of securities to the public or admission of securities to trading on a regulated market
Chapter II - Information to be disseminated when financial securities are offered to the public or admitted to trading on a regulated market
Section 2 - Filing, approval and circulation of prospectuses
Sub-section 1 - Filing and approval of the prospectus
Paragraph 2 - Prospectus content
Article 212-8 from 03/03/2013 to 21/11/2019

Article 212-8 into force from to

  • Version into force from to
ELI : /en/eli/fr/aai/amf/rg/article/212-8/20130303/notes

I. - The prospectus shall include a summary note, except where the application for admission to trading on a regulated market concerns debt securities with a minimum denomination of EUR 100,000 or the foreign currency equivalent thereof.

II. - The summary note shall present, in a concise manner and in non-technical language, the key data which, together with the prospectus, provides adequate information on the essential characteristics of the financial securities concerned, in order to help investors considering investing in the said securities. It shall be drawn up in a standard form to make it easier to compare summary notes relating to similar financial securities. The summary note shall be constructed on a modular basis in line with the annexes to Regulation (EC) n° 809/2004 of 29 April 2004.

III. - The summary note shall also contain a warning that:

  1. It should be read as an introduction to the prospectus;

  2. Any decision to invest in the relevant financial securities should be based on consideration of the prospectus as a whole by the investor;

  3. Where a claim relating to the information contained in a prospectus is brought before a court, the plaintiff investor might, under the national legislation of the Member States of the European Union or States party to the EEA agreement, have to bear the costs of translating the prospectus before the legal proceedings are initiated;

  4. Civil liability attaches to the persons who presented the summary note, and any translation thereof, and who requested notification within the meaning of Article 212-41 only if the summary note is misleading, inaccurate or inconsistent when read with other parts of the prospectus or if it does not provide, when read together with the other parts of the prospectus, the essential information to help investors considering investing in the said financial securities.