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Effective 21 July 2019, the new Law implementing Regulation (EU) 2017/1129 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market (EEA Securities Prospectus Implementation Act; EWR-WPPDG) entered into force. The corresponding EU Prospectus Ordinance had already entered into force on 20 July 2017. However, the material parts of that Regulation have only been in force since 21 July 2019. The Securities Prospectus Act (WPPG) and Commission Regulation (EC) No 809/2004 thereby ceased to be valid. For securities prospectuses endorsed before 21 July 2019, transitional provisions apply.

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