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<p>With a limited number of exemptions, issuers of exchange traded notes (ETNs) in
the UK are obliged to produce a prospectus under the Prospectus Regulation – which
replaced the Prospectus Directive from 21 July 2019 – when offering ETNs to the public
or admitting them to trading on a regulated market in the UK.</p><p>Issuers looking
to admit securities, including ETNs, to trading on an exchange in another jurisdiction
– including NASDAQ and the Nordic Growth Markets - must also comply with the admission
requirements and rules of that jurisdiction.</p><p> </p><p>The Government is committed
to ensuring that the UK remains the best place in the world for FinTech.</p>
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