Prospekt · prospectus
A prospectus must be published before any public offer of securities in Switzerland. It is one of the most frequently translated financial documents, often under tight deadlines. Under the Financial Services Act, it may be drawn up in one of the official languages or in English.
Request a demoThe term in four languages
- German
- Prospekt
- French
- prospectus
- Italian
- prospetto
- English
- prospectus
Definition
A prospectus is the document that any person who makes a public offer in Switzerland for the acquisition of securities must first publish. The same applies to any person who seeks the admission of securities to trading on a trading venue. It contains the essential information on the issuer, the securities offered and the risks, as required by the Financial Services Act. As a rule, it is checked by a reviewing body before publication.
Swiss federal acts are published in German, French and Italian, and all three versions are equally authoritative. The English term shown here comes from the Federal Administration's English translation, published on Fedlex for information only. Where there is no translation, it follows common usage.
Full glossaryThe term in an official text
powered by Neur.onWer in der Schweiz ein öffentliches Angebot zum Erwerb von Effekten unterbreitet oder wer um Zulassung von Effekten zum Handel auf einem Handelsplatz nach Artikel 26 Buchstabe a FinfraG ersucht, hat vorgängig einen Prospekt zu veröffentlichen.
Any person in Switzerland who makes a public offer for the acquisition of securities or any person who seeks the admission of securities to trading on a trading venue in accordance with Article 26 letter a of the FinMIA must first publish a prospectus.
Source: Fedlex, Financial Services Act. In Corrext, this segment and the ones around it appear in Fast lookup CHnell, each with its reference.
Related terms
A company that is liable for its obligations only to the extent of its own assets.
Revisionsstelle · external auditorThe body that audits a company's annual accounts.
Bankgeheimnis · banking secrecyThe professional secrecy of bankers, protected by criminal law.