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