Financial Services Act (FinSA)

Art. 45FinSA from 2021

Art. 45 Base prospectus

¹ For debt instruments issued in an offer programme or issued in a continuous or repeated manner by banks in accordance with the BankA ⁽¹⁾ or securities firms in accordance with the FinIA ⁽²⁾ , the prospectus may be drafted in the form of a base prospectus.

² The base prospectus shall contain all the information available at the time of publication on the issuer, the guarantor and security provider and the securities, but not the final terms.

³ The final terms shall be included at least in a version with indicative information at the time of the public offer. At the end of the subscription period, they shall be published in a definitive version and filed with the reviewing body.

⁴ Approval of the final terms is not necessary.