On 31 May 2012, the government proposed changes to the Investment Funds and Management Companies Act (the Act), by which Directive 2010/73/EU on prospectuses will be implemented into Slovenian law. The key elements of the proposed amendments are aiming to: – reduce the administrative burden on securities issuers and intermediaries (e.g. disclosure requirement, printed form of prospectuses, the translation of the prospectuses summaries); –   increase legal clarity (e.g. certain obligations in the sale of securities through intermediaries and while adding the supplements to prospectuses); –   provide rules on liability in the composition of the prospectuses (e.g. introducing a...