The European Union - In the European Union, securities authorities may authorize omission of information from the prospectus if they consider that: (a) such information is of minor importance only and is not such as will influence assessment of the assets and liabilities, financial position, profits and losses and prospects of the company; or (b) disclosure of such information would be contrary to the public interest or seriously detrimental to the company, provided that, in the latter case, such omission would not be likely to mislead the public with regard to facts and circumstances, knowledge of which is essential for the assessment of the securities in question. [Article 7 of the Listing Particulars Directive.] Companies may be required to state specifically that the omitted information has been omitted because it is of minor importance, either in a letter to the regulatory authority or in the document itself.

Mexico - Rule 11-29 states that in the event that certain information requested in the "Guidance for Prospectus Elaboration" represents a competitive advantage for the company and its disclosure could affect its financial situation or operating results, the issuer could request of the Commission an authorization for not disclosing it, but only when it does not refer to consummated acts. In these cases, issuers must explain the reason for not making public such information. Additionally, it states that when certain requirements of the prospectus are not applicable to the specific issuer's activity, it would not be necessary to submit that information, however if it is possible, the issuer must disclose equivalent information.

The United States - Rule 3-13 under the SEC's Regulation S-X provides that, upon written request, the SEC may permit the omission of one or more of the required financial statements or the substitution of comparable statements.