The requirements mandate that UK-listed companies that operate in the extractive industries sector make public disclosures relating to payments made to governments....more
The Association of British Insurers’ guidelines recommend greater transparency in disclosures relating to lock-up agreements.
On 14 April, the Association of British Insurers (ABI) published best practice...more
The proposal covers shareholder votes on remuneration policies and related party transactions and greater transparency obligations on certain market participants.
The European Commission (EU Commission) recently...more
The proposed directive seeks to coordinate national requirements concerning the formation, registration, and operation of single-member companies.
On 9 April, the European Commission published a provisional draft of a...more
Decision serves as a reminder that careful consideration should be given to provisions dealing with the consequences of breaches of restrictive covenants and other terms of commercial agreements....more
Court holds that directors may legitimately defer to the views of fellow directors if persuaded that the views are in the best interests of the company.
On 18 October, in Madoff Securities International Limited (In...more
Obiter dicta by High Court suggests that damages may not be available as a remedy where an English company breaches a contractual obligation and performance of that obligation would have required a breach of the "capital...more
Court confirms that, in certain circumstances, a contract can be made in two jurisdictions.
On 7 October 2013, in Conductive Inkjet Technology Ltd v Uni-Pixel Displays Inc,  EWHC 2968 (Ch), the High Court of...more
High Court holds that reports used by the Serious Fraud Office to obtain search and arrest warrants are not subject to litigation privilege in subsequent civil proceedings.
New QCA code highlights the importance of relationships between companies and their shareholders and aims to provide clear, detailed guidance on the characteristics and composition of effective, independent boards....more
Amendments include new requirements regarding offerors' intentions, documents provided to trustees, trustees' opinions on offers, and publication of agreements between offerors and trustees....more
Large depositors in Cyprus's two largest banks may consider international arbitration and appeals to the European courts to recover funds lost under the bailout plan....more
Long-heralded reform of the UK financial services regulation architecture impacts the listed company regime.
On 1 April, a new financial regulation architecture became operative in the UK through the Financial...more
Fast-growing European companies can now apply for admission to trading on the new segment of the LSE's Main Market....more
Aim of proposed regulatory technical standards and consultation paper is to clarify the list of events that will trigger the automatic requirement for a supplement....more
Changes aim to help companies make greater use of employee share schemes and equity arrangements.
On 19 March, the revised draft of the UK Companies Act 2006 (Amendment of Part 18) Regulations 2013, including final...more
FSA's methodology for calculating financial penalties is expected to lead to significantly higher fines than in the past.
On 18 March, the UK Financial Services Authority (FSA) published a final notice imposing a fine...more
Handbooks for Financial Conduct Authority and Prudential Regulation Authority will replace FSA Handbook on 1 April.
On 8 March, the UK Financial Services Authority (FSA) published draft handbooksfor the two new...more
Proposals aim to help companies make greater use of employee share schemes and equity arrangements.
On 15 February, the UK Government published its response to its consultation on the share buy back recommendations made...more
Update does not amend guidelines but includes illustrations of best-practice reporting.
On 20 February, the Guidelines Monitoring Group (GMG), an independent body providing oversight on disclosure issues, published an...more
Rulebook sets out criteria for admission to the high-growth segment, which has been designed to meet the needs of fast-growing European companies.
On 13 February, the London Stock Exchange (LSE) published a draft...more