Financial Markets Authority
Added: Jan 27, 2012
The Financial Markets Authority today published draft guidance for securities issuers, directors and their advisers on how to prepare and present effective prospectuses and investment statements.
CEO Sean Hughes said FMA welcomed comments and suggestions from interested parties before the guidance is finalised.
"Effective disclosure is one of the fundamentals of fair, efficient and transparent financial markets. It enhances investor confidence and drives participation in capital markets, which in turn contributes to a more robust economy.
"In issuing guidance the aim is to ensure that financial markets participants clearly understand their responsibilities, and that investors have what they need to make informed decisions.