The UK Financial Conduct Authority (the “FCA”) on May 3, 2023, published consultation paper CP23/10 (the “Consultation Paper”), which sets out the FCA’s proposals to significantly reform the UK’s equity listing regime. The...more
On 20 April 2022, the Financial Conduct Authority (the “FCA”) published its final policy statement PS22/3 ‘Diversity and inclusion on company boards and executive committees’. The policy statement outlines the feedback the...more
The Growing Trend of Gender Bonds in 2022 -
Sustainable investing has experienced significant growth in recent years due to a continued and increasing focus on environmental, social and governance (“ESG”) factors by...more
7/8/2022
/ Bonds ,
Capital Markets ,
Diversity and Inclusion Standards (D&I) ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Financial Instruments ,
Gender Equity ,
International Capital Markets Association (ICMA) ,
Investment Opportunities ,
Social Justice Issues ,
Sustainable Finance
Issuers of certain transferable securities listed in the UK should be aware of certain new regulatory requirements relating to the preparation and content of their financial statements....more
2/17/2022
/ Capital Markets ,
Corporate Issuers ,
Financial Conduct Authority (FCA) ,
Financial Statements ,
Listing Rules ,
Regulatory Reform ,
Regulatory Requirements ,
Securities Regulation ,
Securities Transactions ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
UK
On 30 April 2021, the FCA consulted on proposals to change the UK Listing Rules to remove the presumption that the listing of a Special Purpose Acquisition Company (“SPAC”) be suspended when it identifies a potential...more
On 30 April 2021, the FCA consulted on proposals to change the UK Listing Rules to remove the presumption that the listing of a Special Purpose Acquisition Company (“SPAC”) be suspended when it identifies a potential...more
Following on from the recent Hill Review of the UK Listing Rules and its recommendations, we reported on the UK Financial Conduct Authority’s (“FCA”) response and how the proposed changes might affect the SPAC market. On 19...more
Special Purpose Acquisition Companies, commonly known as ‘SPACs’ or ‘blank check companies’, have recently seen a huge uplift in investor appetite with little sign of this trend abating any time soon. Understandably, SPACs...more
With effect from 1 January 2021, and following the end of the Brexit transition period, sovereigns, local and regional authorities and central banks of any country can benefit from newly-expanded exemptions to the UK...more
On 28 January 2019, the United Kingdom’s (the “UK”) Financial Conduct Authority (the “FCA”) published its “Changes to align the FCA Handbook with the EU Prospectus Regulation” consultation paper1 (the “Consultation Paper”)....more
2/6/2019
/ Consultation Periods ,
EU ,
EU Prospectus Regime ,
Filing Requirements ,
Financial Conduct Authority (FCA) ,
Offering Documents ,
Prospectus ,
Public Comment ,
Securities ,
UK ,
UK Brexit ,
Withdrawal Agreement
In a series of votes on 29 January 2019, the parliament of the United Kingdom (the “UK”) rejected proposals aimed at preventing the UK from leaving the European Union (the “EU”) on 29 March 2019 without a Withdrawal Agreement...more
2/4/2019
/ Corporate Issuers ,
Equity Securities ,
EU ,
EU Prospectus Regime ,
EU Transparency Directive ,
European Economic Area (EEA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Foreign Equity Securities ,
HM Treasury ,
Home Member State ,
Host Member State ,
Member State ,
No-Deal Brexit ,
Passporting ,
Securities ,
UK ,
UK Brexit ,
Withdrawal Agreement
The UK Financial Conduct Authority (FCA) has finalised rules to create a new category within its premium listing regime aimed at companies controlled by a sovereign state....more