# Prospectus control; due diligence

- Canonical URL: https://www.gerhardmerk.de/prospectus-control-due-diligence
- Post ID: 593225
- Modified: 2023-07-25T21:12:07+00:00
- Language: en

## Definition

Review of a sales prospectus by the German Federal Financial Supervisory Authority (BaFin), as required by the German Securities Prospectus Act (WpPG), to determine whether the prospectus is complete, comprehensible and internally consistent. If BaFin refuses to approve the prospectus, it may not be published. - See private placement, prospectus database, EU prospectus legislation, prospectus violations, Securities (Sales) Prospectus Act. - See BaFin Annual Report 2006, pp. 148 et seq. (ongoing issues in prospectus review; possibilities for review by foreign regulators; value opinions in Reits; frequent errors in preparation of risk section in prospectuses), BaFin Annual Report 2007, p. 156 (BaFin takes action against Internet offerings without prospectus), BaFin Annual Report 2008, pp. 170 et seq. (overview of applications), BaFin Annual Report 2010, p. 215 (amended Securities Prospectus Fee Ordinance [WpPGebV]; BaFin fine proceedings, BaFin Annual Report 2012, p. 193 ff. (overview of BaFin approvals by issuer group), and the respective BaFin Annual Report, section "Supervision of Securities Trading and Investment Business." 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