Equity Prospectuses
The prospectus approval service standards are set out below:
Prospectuses
In relation to equity prospectuses submitted to the Central Bank for scrutiny, the following timeframes will apply:
- 100% of initial submissions of prospectuses assessed within 10/20 working days
- 100% of subsequent submissions of prospectuses assessed within 10 working days
Where the offer to the public involves securities issued by an issuer that does not have securities admitted to trading on a regulated market and that has not previously offered securities to the public, 20 working days will apply. 10 working days will apply in all other circumstances.
EU Recovery Prospectuses
In relation to EU Recovery prospectuses submitted to the Central Bank for scrutiny, the following timeframes will apply:
- 100% of initial submissions of EU Recovery prospectuses assessed within 7 working days
- 100% of subsequent submissions of EU Recovery prospectuses assessed within 7 working days
Supplements
In relation to equity supplements submitted to the Central Bank for scrutiny, the following timeframes will apply:
- 100% of initial submissions of supplements assessed within 5 working days
- 100% of subsequent submissions of supplements assessed within 5 working days
Universal Registration Documents
In relation to universal registration documents submitted to the Central Bank for scrutiny, the following timeframes will apply:
- 100% of initial submissions of universal registration documents for frequent issuers assessed within 5 working days
- 100% of subsequent submissions of universal registration documents for frequent issuers assessed within 5 working days
Please refer to Article 20(6) of the Prospectus Regulation.
Approval Submissions
In relation to approval submissions, 100% of approval submissions approved on the same day. This excludes incomplete or inaccurate approval submissions.