9.6.2012 Official Journal of the European Union L 150/1 II (Non-legislative acts) REGULATIONS COMMISSION DELEGATED REGULATION (EU) No 486/2012 of 30 March 2012 amending Regulation (EC) No 809/2004 as regards the format and the content of the prospectus, the base prospectus, the summary and the final terms and as regards the disclosure requirements (Text with EEA relevance) THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, Having regard to Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading and amending Directive 2001/34/EC ('), and in particular Articles 5(5) and 7(1) thereof, preceding the issuance of the prospectus as laid down in Article 10 of Directive 2003/71/EC was deleted by Directive 2010/73/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 2003/71/EC on the prospectus to be published when securities are offered to the public or admitted to trading and 2004/109/EC on the harmon- isation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market (*). This amendment should be reflected in Regulation (EC) No 809/2004. (3)  The threshold relating to the obligation to publish a prospectus established by Article 3 of Directive 2003/71/EC was increased from EUR 50 000 to Whereas: EUR 100 000 by Directive 2010/73/EU. This change should also be introduced in Regulation (EC) No 809/2004. (1)  Commission Regulation (EC) No 809/2004 of 29 April 2004 implementing Directive 2003/71/EC of the European Parliament and of the Council as regards (4)  Directive 2010/73/EU introduced new provisions in information contained in prospectuses as well as the order to enhance investor protection, reduce adminis- format, incorporation by reference and publication of trative burdens for companies when raising capital in such prospectuses and dissemination of advertisements (?) the securities markets in the Union, and increase effi- sets out in detail information which must be included in ciency in the prospectus regime, which makes it a prospectus for different kinds of securities in order to necessary to adopt amendments to Regulation (EC) comply with Article 5(1) of Directive 2003/71/EC. No 809/2004 in relation to the format of the final terms of a base prospectus, the format of the summary of the prospectus, and the detailed content and specific form of the key information to be included in the (2)  As a consequence of Directive 2004/109/EC of the summary. European Parliament and of the Council of 15 December 2004 on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market and ) } (5 In order to avoid that the final terms of a base amending Directive 2001/34/EC (%), the requirement for the issuer to provide annually a document containing or referring to all information published in the 12 months 345, 31.12.2003, p. 64. 0J L 0] L 149, 30.4.2004, p. 1. 0J L 390, 31.12.2004, p. 38. prospectus contain information that needs to be approved by the competent authorities, the base prospectus  should contain all information which the issuer knew at the time of drawing up the prospectus. () OJ L 327, 11.12.2010, p. 1.