The UK’s capital markets regulation is set to change over the course of the next year as the Government seeks to boost the UK’s competitiveness as an attractive listing destination for high growth companies. The FCA has...more
The Brexit transition period ended at 11:00 pm on 31 December 2020 and at the end of this transition period, the European Union (Withdrawal) Act 2018 converted existing EU legislation which had direct effect in the UK into UK...more
Recent changes introduced by the Financial Conduct Authority (FCA) -
On 21 December 2020, as we broke for Christmas, the FCA published new Listing Rule 9.8.6R(8) (LR) and guidance requiring commercial companies with a UK...more
1/8/2021
/ Annual Reports ,
Capital Markets ,
Climate Change ,
Cooperative Compliance Regime ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Financial Statements ,
Green Finance ,
Listing Rules ,
Policy Statement ,
Publicly-Traded Companies ,
UK
On 20 July 2020, the European Commission (Commission) adopted a capital markets recovery package as part of its overall COVID-19 recovery strategy. As part of the package, the Commission released a proposal to amend the...more
27 March 2020: The Financial Conduct Authority (FCA), Financial Reporting Council (FRC), Prudential Regulation Authority (PRA) and the European Securities and Markets Authority (ESMA) have announced a series of actions to...more
6/1/2020
/ Capital Markets ,
Coronavirus/COVID-19 ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Reporting ,
Financial Reporting Council (FRC) ,
Investment ,
Prudential Regulation Authority (PRA) ,
Publicly-Traded Companies ,
Relief Measures ,
UK
For obvious reasons, the finer points of the functioning and regulation of the UK's capital markets and corporate governance are not necessarily at the forefront of the minds of legislators and policy makers while addressing...more
Guide to the eligibility requirements and continuing obligations of admitting securities to the UK's key equity capital markets.
The UK has always been a popular destination for UK and overseas companies who are looking to...more
Hogan Lovells has prepared a roadmap of the key issues to consider when planning your listing in London.
...more
8/28/2019
/ AIM ,
Capital Markets ,
Corporate Governance ,
Due Diligence ,
Engagement Letters ,
Equity Securities ,
Financial Markets ,
Financial Transactions ,
Listing Standards ,
Offerings ,
Prospectus ,
Regulatory Standards ,
Share Capital ,
UK
Hogan Lovells Guide to the eligibility requirements and continuing obligations of admitting securities to the Premium, Standard and High Growth segments of the Main Market and AIM – (updated as at August 2019).
...more
New practical guidance for nominated advisers (Nomads) on the staffing of their corporate finance functions has been published by the London Stock Exchange (LSE) to enable Nomads to fulfil their obligations under the AIM...more
The events surrounding the Brexit negotiations continue to be in a state of flux - but we do have some clarity around the status of the Prospectus Regulation in the UK whatever the outcome of the UK Government's negotiations...more
A monthly newsletter covering topics of interest in the field of UK corporate law including mergers and acquisitions, listed companies, equity capital markets, corporate governance and general company law. ...more
7/12/2018
/ AIM ,
Capital Markets ,
Corporate Governance ,
EU Prospectus Regime ,
Financial Conduct Authority (FCA) ,
Foreign Investment ,
Human Rights ,
London Stock Exchange ,
MiFID II ,
MLD5 ,
Natural Resources ,
Premium Listed Issuers ,
Reporting Requirements ,
UK ,
UK Brexit
From 1 July 2018, sovereign controlled companies will be able to admit their securities to listing on a new dedicated category of the FCA's premium listing regime....more
Proposed reforms for SME Growth Markets -
On 24 May 2018, the Commission published a proposal for a regulation which seeks to make technical amendments to certain provisions of the Market Abuse Regulation and the...more
6/8/2018
/ Capital Markets ,
Corporate Governance ,
Corporate Liability ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
MiFID II ,
MLD5 ,
Money Laundering ,
Parent Corporation ,
PDMR ,
Small and Medium-Sized Enterprises (SMEs) ,
Subsidiaries
Hogan Lovells Guide to the eligibility requirements and continuing obligations of admitting securities to the Premium, Standard and High Growth segments of the Main Market and AIM – (updated as at 1 March 2018).
...more
A monthly newsletter covering topics of interest in the field of UK corporate law including mergers and acquisitions, listed companies, equity capital markets, corporate governance and general company law....more
1/23/2018
/ AIM ,
Capital Markets ,
Corporate Governance ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
EU Prospectus Regime ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Regulatory Oversight ,
RTS ,
Small and Medium-Sized Enterprises (SMEs)
Hogan Lovells Guide to the eligibility requirements and continuing obligations of admitting securities to the Premium, Standard and High Growth segments of the Main Market and AIM – (updated as at 1 January 2018).
...more
On 27 June 2017, the Financial Conduct Authority (FCA) published its Policy Statement PS17/13 'Investment and corporate banking: prohibition of restrictive contractual clauses' which sets out new rules banning the use of...more
FCA bans firms' use of restrictive contractual clauses for future primary market services -
On 27 June 2017, the Financial Conduct Authority (FCA) published its Policy Statement PS17/13 'Investment and corporate banking:...more
7/10/2017
/ Capital Markets ,
Capital Markets Union ,
Contract Terms ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
European Commission ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Markets ,
MLD4 ,
Person with Significant Control (PSC Register) ,
Prospectus ,
Standard Contractual Clauses
A new era for the UK's capital markets? FCA publishes proposals to reform the UK's capital markets and IPO process -
The FCA has published a package of measures to reshape and enhance the UK's primary markets. These are...more
3/14/2017
/ Capital Markets ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Initial Public Offering (IPO) ,
Prospectus ,
Shareholder Votes ,
Takeovers ,
UK
Reviewing the structure of the UK's primary markets -
The FCA is reviewing the structure of the UK's primary markets to ensure that they continue to meet the needs of investors and issuers. As part of its review, the...more
3/8/2017
/ Capital Markets ,
Comment Period ,
Corporate Issuers ,
Eligibility ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Initial Public Offering (IPO) ,
Premium Listed Issuers ,
Reverse Takeovers ,
Shell Corporations ,
UK
On 14 February 2017, the Financial Conduct Authority (FCA) published:
a discussion paper: 'Review of the Effectiveness of Primary Markets: The UK Primary Markets Landscape' (DP 17/2) which prompts a discussion on the...more