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Persons/companies wishing to issue securities to the public are required, under Part VII: Offers of Corporate Securities of the Securities Act to submit a prospectus for the approval of the ECSRC prior to securities being offered. Part VII: Offers of Corporate Securities of the Securities Act provides instruction concerning the offers of securities, publication of prospectus, content of the prospectus, the continuing disclosure obligations of issuers and compensation for false or misleading prospectus. 

The prospectus should be in the form prescribed in the Securities (Prospectus) Regulations and be accompanied by the fees prescribed in the Securities (Licence and Fees) Regulations. Information Missing