On 11 July 2024, the Financial Conduct Authority (FCA) published Policy Statement PS24/6 (Policy Statement), in which it sets out its final UK listing rules and summarises feedback to its earlier consultation and stakeholder...more
This is the last publication in a series of Allen & Overy publications on the FCA's Consultation Paper (CP23/31) setting out its detailed proposals for listing rules reforms as part of its Primary Markets Effectiveness...more
Yesterday saw the publication of the Financial Reporting Council’s (the FRC) guidance to the UK Corporate Governance Code (the Guidance).
See our bulletin from last week on the revised UK Corporate Governance Code (the...more
This publication is one of several Allen & Overy publications on the FCA’s Consultation Paper (CP23/31), setting out its detailed proposals for listing rules reforms as part of its Primary Markets Effectiveness...more
Today saw the publication by the Financial Reporting Council (FRC) of its revised corporate governance code (the Code). Whilst the updated Code contains a limited set of targeted changes, as opposed to a broader wholesale...more
Last year, we wrote about ClientEarth’s application to the High Court of England and Wales for permission to bring a judicial review claim, alleging that the UK Financial Conduct Authority (FCA) unlawfully approved the IPO...more
1/18/2024
/ Capital Markets ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Conduct Authority (FCA) ,
Initial Public Offering (IPO) ,
Judicial Review ,
Sustainability ,
UK
In the second of our publications on the FCA’s Consultation Paper (CP23/31) setting out its detailed proposals for listing rules reforms, we take a closer look at what the proposals mean for the sponsor regime. The FCA...more
Today the FCA has published its Consultation Paper (CP23/31) setting out its detailed proposals for listing rules reforms as part of its Primary Markets Effectiveness Review. This is the first of two consultations on the...more
In 2022, Allen & Overy’s Equity Capital Markets practice was again involved in many high profile and significant ECM transactions around the world. Our standing in the market, and our role in the successes of our clients,...more
This paper discusses the way forward for the UK as it moves out of the legislative orbit of the EU and commences the wider regulatory reform programme proposed by the UK government.
...more
Allen & Overy’s ECM practice has been actively involved in a number of high profile and significant ECM transactions which have come to market in the first half of 2022, despite more challenging equity market conditions...more
Overview -
As part of its broader focus on diversity and inclusion, the FCA has published its final rules on diversity and inclusion on listed company boards and executive committees....more
On 17 December 2021, the Hong Kong Stock Exchange (HKEX) published consultation conclusions allowing the listing of Special Purpose Acquisition Companies (SPACs) in Hong Kong. This follows the publications of new rules on...more
The overhaul of the UK listing regime recommended in Lord Hill’s Review of the Listing Regime and Ron Kalifa’s Review of UK Fintech aims to attract the most innovative and successful tech companies to London and create a...more
With effect from 10 August 2021, the UK Financial Conduct Authority is implementing its Listing Rule changes and guidance for UK Special Purpose Acquisition Companies....more
With the EU and the UK having reached a free trade agreement which sets out a framework for the substantial agreements to be put in place to govern their future relationship and the UK having left the single market and the...more
New Listing Rules applicable to premium listed commercial companies.
The FCA is consulting on new Listing Rules for premium listed issuers of shares to improve climate-related disclosures in corporate reporting by...more
2019 was a challenging year for equity capital markets. Proceeds from IPOs fell by over 25% in the UK, and by more than 30% across Europe. A number of political and economic factors, which contributed to pricing uncertainty...more