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Right of First Refusal Financial Conduct Authority (FCA)

Hogan Lovells

FCA bans firms' use of restrictive contractual clauses for future primary market services

Hogan Lovells on

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

A&O Shearman

The FCA's final ban on right of first refusal/right to act provisions: will it affect corporate lending and acquisition finance...

A&O Shearman on

On 27 June, the UK Financial Conduct Authority (FCA) published a policy statement setting out the final form of its proposed ban on right of first refusal and right to act provisions relating to the supply of certain future...more

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