# Tap issuer privilege

- Canonical URL: https://www.gerhardmerk.de/tap-issuer-privilege
- Post ID: 590550
- Modified: 2023-07-25T21:13:27+00:00
- Language: en

## Definition

Until 2008, savings banks and cooperative banks in particular were able to offer securities to the public without a prospectus if the corresponding securities were issued on a continuous or repeated basis. This privilege was generally abolished at the end of 2008. - See continuous issuance. - Cf. BaFin Annual Report 2008, p. 172 f. (exceptions; workshops for the institutions concerned). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1