Welcome to the Corporate Briefing, where we review the latest developments in UK corporate law that you need to know about. In this month’s issue we discuss...more
4/1/2026
/ Consultation ,
Consultation Papers ,
Contract Terms ,
Corporate Governance ,
Cross-Border Transactions ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Financial Reporting ,
Internal Controls ,
Listing Rules ,
Shareholder Litigation
Welcome to the Corporate Briefing, where we review the latest developments in UK corporate law that you need to know about. In this month’s issue we discuss...more
3/4/2026
/ Board of Directors ,
Commercial Leases ,
Corporate Governance ,
Corporate Issuers ,
Deeds ,
Diversity and Inclusion Standards (D&I) ,
EU Market Abuse Regulation (EU MAR) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Initial Public Offering (IPO) ,
Listing Rules ,
Publicly-Traded Companies ,
Regulatory Reform ,
UK
The FCA is consulting on significant changes to how listed companies in the UK report on sustainability matters. The consultation closes on 20 March 2026, with the final rules expected in Autumn 2026....more
2/4/2026
/ Climate Change ,
Consultation ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Final Rules ,
Financial Conduct Authority (FCA) ,
Greenhouse Gas Emissions ,
Publicly-Traded Companies ,
Regulatory Requirements ,
Reporting Requirements ,
Sustainability ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
UK
Following consultation earlier this year, the Takeover Panel has published a response statement adopting amendments to the Takeover Code concerning dual class share structures (DCSS), IPOs, and share buybacks. ...more
Following its April 2025 Discussion Paper, “Shaping the Future of AIM", the London Stock Exchange (the Exchange) has published a feedback statement outlining its roadmap for AIM. This plan combines immediate easing measures,...more
On 13 October 2025 the FCA fined an employee for insider dealing for selling his own and close family member’s entire shareholding whilst in possession of, and using, inside information. The FCA has imposed a financial...more
This latest edition of Primary Market Bulletin discusses the implementation timing for the new prospectus regime and consults on new guidance notes to supplement the new regime....more
10/22/2025
/ Capital Markets ,
Consultation Papers ,
Corporate Governance ,
Disclosure Requirements ,
Financial Conduct Authority (FCA) ,
Listing Applications ,
Listing Rules ,
New Regulations ,
Prospectus ,
Public Offerings ,
Regulatory Requirements ,
Sponsors ,
UK
The FCA has published the latest edition of Market Watch no.83. In this edition the FCA focus on the Market Abuse Regulation (MAR) - market soundings regime and share their observations following a review of the systems and...more
The Takeover Panel has published a consultation paper on dual class share structures, IPOs and share buybacks. The proposed amendments to the Takeover Code clarify how the mandatory offer requirements apply to a company with...more
7/9/2025
/ Consultation ,
Consultation Papers ,
Corporate Governance ,
Dual Class Share Structures ,
Financial Conduct Authority (FCA) ,
Initial Public Offering (IPO) ,
Listing Rules ,
Proposed Amendments ,
Regulatory Requirements ,
Share Buybacks ,
Takeovers ,
UK
The Upper Tribunal has upheld the FCA’s decision that the CEO and CFO of Metro Bank were knowingly concerned in the Bank’s breach of the Listing Rules....more
6/19/2025
/ Banking Sector ,
Board of Directors ,
Corporate Governance ,
Corporate Misconduct ,
Disclosure Requirements ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Penalties ,
Personal Liability ,
Publicly-Traded Companies ,
Tribunals ,
UK
The ‘Jewel in the Crown’ of London’s markets, AIM has been a central feature of UK capital markets for the last 30 years providing growing companies with access to capital and liquidity. ...more
4/8/2025
/ AIM ,
Capital Markets ,
Corporate Governance ,
Financial Conduct Authority (FCA) ,
Initial Public Offering (IPO) ,
London Stock Exchange ,
Publicly-Traded Companies ,
Regulatory Reform ,
Securities Regulation ,
Shareholders ,
UK
The FCA has published Primary Market Bulletin (PMB) No 54 outlining its concerns around the unlawful disclosure of inside information during the course of M&A transactions....more
The Takeover Code (the “Code”) has published its response to its consultation on the application of the Code and is adopting the amendments previously proposed in PCP 2024/1 subject to some modifications. The changes will...more
Following on from the consultation at the end of 2023, the FCA has published its changes to the Listing Rules sourcebook, chapter 8 (sponsors), which take effect immediately. The changes focus on how a sponsor or a person...more
A new Takeover Panel consultation proposes to narrow the scope of the companies subject to the Takeover Code (the “Code”). ...more
Here are the key action points from the ECCTA 2023 changes which come into force on 4 March...more
Following the May 2023 consultation on the UK Corporate Governance Code (“Code”), the FRC has published a revised Code. The changes focus primarily on one area - Internal Controls whilst other changes have been kept to a...more
Following on from the consultation earlier this year, the FCA has published feedback and detailed proposals which will transform the current listing regime. The FCA is proposing to create a single listing category for UK...more
In December 2022 the FCA commented on the earlier fine imposed on Sir Christopher Gent for unlawful disclosure of inside information. Since then, the FCA has received various questions from stakeholders in the context of...more
The Quoted Companies Alliance (QCA) has published a revised corporate governance code (Code). The Code is still based around 10 Principles but has been updated to keep pace with evolving investor expectations, particularly...more
Following on from its earlier consultation, the Code Committee of the Takeover Panel has published its amendments to Rule 21 of the Code which take effect on 11 December 2023 and apply to on-going transactions which straddle...more
The Economic Crime and Corporate Transparency Act (ECCTA) introduces a suite of wide-ranging reforms to tackle economic crime and improve transparency over corporate entities. Under the ECCTA, Companies House will have...more
Following a series of accounting and audit scandals in recent years and what has been described as a “crisis of trust”, the UK Government, regulatory bodies, and institutional investor groups have set out to reform the UK’s...more
10/12/2023
/ Audits ,
Board of Directors ,
Climate Change ,
Corporate Governance ,
Diversity and Inclusion Standards (D&I) ,
Environmental Social & Governance (ESG) ,
Financial Reporting ,
Financial Reporting Council (FRC) ,
Greenhouse Gas Emissions ,
Institutional Investors ,
Proxy Advisors ,
Proxy Statements ,
Reporting Requirements ,
UK ,
UK Regulatory Reforms
The FRC has set out its expectations, in its Annual Review of Corporate Reporting, for the coming reporting season amidst the current economic background of high inflation, high interest rates and ongoing economic...more
The Chancellor has delivered his first Mansion House speech with a focus on bolstering the UK capital markets. The speech highlighted the:
..highly innovative step and global first of establishing a new ‘intermittent...more