PODCAST: Williams Mullen's Raising Capital 101: A Securities Podcast - What Are the Differences Between Private & Public Offerings?
PODCAST: Williams Mullen's Raising Capital 101: A Securities Podcast - What Laws Affect Securities Offerings?
PODCAST: Williams Mullen's Raising Capital 101: A Securities Podcast - What Makes it a Securities Offering?
The UK Financial Conduct Authority (FCA) has published a statement clarifying how issuers should comply with notification requirements for new shares admitted to trading following the commencement of the Public Offers and...more
New UK Securities Offering Regime Comes Into Force - On 19 January, the UK’s new regime for offers of securities, the Public Offers and Admissions to Trading Regulations 2024 (POATRs) and the UK Financial Conduct...more
The UK Financial Conduct Authority has (FCA) published Primary Market Bulletin 61 (PMB 61), outlining proposed changes to the FCA Knowledge Base in preparation for the incoming Public Offers and Admissions to Trading...more
The new UK prospectus regime, the Public Offers and Admissions to Trading Regulations 2024 (POATRs), came into force on 19 January 2026. Whilst many aspects of the previous prospectus regime have been carried over, there are...more
On 19 January 2026, a new UK prospectus regime, under the Public Offers and Admissions to Trading Regulations 2024 (the “New Prospectus Rules”) took effect. Published by the Financial Conduct Authority (“FCA”), the new rules...more
With much anticipation, the reforms to the prospectus requirements for public offers of bonds in the UK came into force on 19 January 2026 when the UK Prospectus Regulation was revoked and replaced by the new regulatory...more
On 19 January 2026, the new UK prospectus rules (Prospectus Rules: Admissions to Trading on a Regulated Market, known as the “PRM Sourcebook”) took effect and, together with the Public Offers and Admissions to Trading...more
Below is our quarterly briefing covering the most important developments for UK PLCs, UK equity capital markets and UK public M&A in Q4 2025....more
On 19 January 2026, the new UK prospectus regime, implemented under the Public Offers and Admissions to Trading Regulations 2024 (“POATRs”) and accompanying UK Financial Conduct Authority (“FCA”) rules, will come into effect....more
The UK Financial Conduct Authority (FCA) has published a new webpage with updated forms and checklists to support the UK's new Public Offers and Admission to Trading regime (POATR) which fully comes into force on 19 January...more
Italy has been in the process of reforming its capital markets laws and regulations for several years with the goal of creating a simpler and more competitive regime that facilitates capital formation....more
The Public Offers and Admissions to Trading (Amendment and Consequential and Transitional Provisions) Regulations 2025 have been published, together with an explanatory memorandum. The Regulations make consequential...more
The United Kingdom prospectus regime is changing in 2026. This presentation provides an understanding of the new UK Public Offer and Admission to Trading Regulations 2024 (POATR) with a focus on debt capital markets. POATR...more
Below is our quarterly briefing covering the most important developments for UK PLCs, UK equity capital markets and UK public M&A. In this issue, we review: New UK Prospectus Rules. The new prospectus rules are due to come...more
What is a PIPE? A PIPE typically involves an investor acquiring a non-controlling stake in a listed company by subscribing for convertible instruments and/or listed ordinary shares, typically issued at a discount. For...more
Le 28 août 2025, les Autorités canadiennes en valeurs mobilières (les « ACVM ») ont publié les modifications finales visant le Règlement 44-102 sur le placement de titres au moyen d’un prospectus préalable (le « Règlement...more
The principal regulations governing offers of securities to the public and admissions of securities to trading on regulated markets in the United Kingdom, including the requirements for a prospectus, are contained in the UK...more
On 15 July 2025, the Financial Conduct Authority (FCA) published its final rules for the new UK public offers and admissions to trading regime which will take effect on 19 January 2026, replacing the current EU-derived...more
On July 15, 2025, the Financial Conduct Authority (FCA) published its Policy Statement PS25/9 setting out the final rules to implement the Public Offers and Admission to Trading Regulations 2024 (POATRs). These rules, which...more