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ICMA Primary Market Handbook - Amendments/archive
Set out below are details of the most recent amendments and notes of any pending amendments not noted in the Handbook itself.



Potential/pending updates

  • Chapter 9 Stabilisation and Appendix A15 Stabilisation materials are being revised in light of the EU’s Market Abuse Regulation, which came into effect on 3 July 2016. Revised drafts are available from ICMA staff (legalhelpdesk@icmagroup.org) to ICMA members/Handbook subscribers on request.



Recent amendments


March 2020 – Publication of:
  • amendments to Appendix A8, Final terms and pricing supplement;
  • new Appendix A12a, Product governance (MiFID II) language;
  • amendments to Appendix A13, Selling restrictions and legends (EEA PRIIPS Regulation, EEA Prospectus Regulation, UK), previously entitled Selling restrictions and legends (EEA PRIIPs Regulation, EEA Prospectus Directive, UK);
  • amendments to Appendix A16, Sub-€100,000 denomination bonds under the EEA and UK Prospectus Regulation and retail cascade legends, previously entitled Sub-€100,000 denomination bonds under the EEA Prospectus Directive and retail cascade legends; and
  • amendments to various other references to the Prospectus Directive, the Market Abuse Directive and the EEA.
The associated circular to members is available here (login details required). (To note also consolidated changed pages for interim hard copy updating pending formal print run (login details required).)

December 2019
- New Appendix A5a on deal announcements.

The associated circular to members is available here (login details required).

July 2019 - New header notice and temporary deletion of main content of:
Appendix A8 Final terms and pricing supplement;
Appendix A13 Selling restrictions and legends (EEA/UK); and
Appendix A16 Sub-€100 denomination bonds and retail cascade legends.

March 2019 - Amendments to
Chapter 6 Allocation and allotment – Amended R6.4
Appendix A8 Final terms and pricing supplement – New header notice, deleted paragraph 3A and amended CFI/FISN options
Appendix A13 Selling restrictions and legends (EEA PRIIPS Regulation, EEA Prospectus Directive, UK) – New header notice, amended paragraph 1.1
Appendix 13a Selling restrictions (Hong Kong and Singapore) – Amended paragraph 2.3 (new #(5))
Appendix 16 Sub-€100,000 denomination bonds under the EEA Prospectus Directive and retail cascade legends – Amended header notice

The associated circular to members is available here (login details required), including the actual amendments. It excludes (i) redated overleaf pages, (ii) consequential overflow of pre-existing text to prior/following pages and (iii) consequential page numbering impacts – all of which are redated as “Insert 2019-03” for print purposes in the online version. (To note also consolidated changed pages for interim hard copy updating pending formal print run.)




Hard copy updates

 
The hard copy ICMA Primary Market Handbook was re-printed in full and distributed to ICMA members and ‘hard copy update service’ subscribers following the launch of the revised Handbook in September 2015 (see above).
 
Since then, the following updates have been printed and distributed (or will be distributed shortly) to ICMA members and ‘hard copy update service’ subscribers:
  • Update 1: All pages are marked “Insert 2015-12” in the footer. The Filing Guidance is available here.
  • Update 2: All pages are marked “Insert 2016-07” in the footer. The Filing Guidance is available here.
  • Update 3: All pages are marked “Insert 2018-09” in the footer. The Filing Guidance is available here.



Archive



Set out below, for ICMA members and Handbook on-line subscribers, are selected archived inserts and ‘snapshots’ relating to past editions of the Handbook (login details required).

HANDBOOK SNAPSHOTS
December 2019
March 2019
February 2017
July 2016
December 2015
September 2015
May 2015
March 2004


HANDBOOK INSERTS

December 1995
January 1996
December 1996
February 2001
December 2002
May 2003
September 2003
October 2004
October 2005
July 2007
September 2010   


26 May 2005
Pro Forma Final Terms - Wholesale

26 May 2005
Pro Forma Final Terms - Retail

26 May 2005
Prospectus Directive Compliant Selling Restrictions - Published Text May 2005

27 March 2003
ECP Conventions


4 December 2002
Recommendation 4.6

4 December 2002
Recommendation 1.5