What are the FSAP Directives?
The Financial Services Action Plan (FSAP) is an EU initiative to improve the single market in financial services. FSAP is enacted through four EU Directives, which set harmonised standards of disclosure and transparency for securities admitted to an EU regulated market. These are the Prospectus Directive (PD), the Market Abuse Directive (MAD), the Transparency Directive (TD) and the Markets in Financial Instruments Directive (MiFID). Click here for more information on these Directives.