The FSA Regulation no.5/2018 on issuers of financial instruments was published in the Official Gazette. This regulation lays down the legal framework applicable to financial instruments admitted or to be admitted to be traded on a regulated market, a multilateral trading facility, or an organized trading system supervised by the Financial Supervision Authority. Moreover, it applies to financial instruments, public offerings of securities and operations related to market abuse, in accordance with the provisions of Law no. 24/2017 on issuers of financial instruments and market operations.
The FSA Regulation no.5/2018 regarding the issuers of financial instruments partially transposes provisions of the following EU Directives: 2001/34/CE, 2003/71/CE, 2004/25/CE, 2004/109/CE, 2007/36/CE.
The FSA Regulation no.5/2018 will enter into force 10 days after its publishing in the Official Gazette. As of the date of its publication the former FSA Regulation no.1/2006 on issuers of instruments financial and market operations with all further amendments will be revoked.
Impact on investors: A new FSA Regulation on issuers of financial instruments and market operations will enter into force starting 21 June 2018.