FINANCIAL COMMUNICATION: FRAMEWORK AND PRACTICES - 2019 EDITION

164 PREVAILING REGULATIONS The content of the registration document and the filing or registration requirements are defined by AMF Instruction no. 2016-04 of October 21, 2016. This instruction is based on the following regulations: n Commission Regulation (EC) no. 809/2004 of April 29, 2004 (Prospectus Regulation) implementing Directive 2003/71/EC, and for some sections, AMF and ESMA 2 positions and recommendations; n the AMF General Regulations, in particular article 212-13. The AMF refers to these recommendations in article 212-7 of its General Regulations and in its Guide for Compiling Registration Documents. The AMF has published two guides for compiling registration documents: n Position/Recommendation no. 2009-16 of December 10, 2009, amended on April 13, 2015; n Position/Recommendation no. 2014-14 of December 2, 2014, updated on April 13, 2015 (which replaces Position/Recommendation no. 2008-12 of January 9, 2008), specifically drafted to guide mid-cap companies (companies listed on segment B or C of Eurolist) in compiling their registration documents. With effect from July 21, 2019, the registration document will be replaced by the new universal registration document (URD), whose content stems from Regulation (EU) no. 2017/1129 of June 14, 2017, supplemented by the Commission Delegated Regulation of March 14, 2019 specifying the information it must include. CONTENT OFTHE REGISTRATION DOCUMENT/URD The information to be included in the registration document varies according to the type of securities listed on the regulated market of Euronext Paris and the type of issuer. Issuers whose shares (or other securities redeemable, exchangeable, convertible or otherwise exercisable for shares) are listed must comply with the minimum disclosure requirements set out in Annex I of the Prospectus Regulation 809/2004/EC. The minimum disclosure requirements set out in this Annex, which is broken down into 25 items, are more extensive than those set out in the other Annexes to the Prospectus Regulation. 2 – The CESR published a series of recommendations to promote the consistent implementation of the Prospectus Regulation in Europe. These recommendations were updated by ESMA in March 2013 and are regularly supplemented by answers to frequently asked questions.