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From Aspiration to Execution—ESG Legal Risks in the UK Real Estate Sector

ESG issues are front and centre in many sectors and many boardrooms. The UK real estate sector is no exception. Unsurprisingly, the principal focus has been on the “E”, with the environmental aspects of developing and...more

The UK Energy Savings Opportunity Scheme: Phase 3 Deadline Approaches

The deadline for organisations to complete and submit their UK Energy Savings Opportunity Scheme ("ESOS") reports for Phase 3 of the scheme is 5 December 2023....more

Sanctions Risk and Preserving Distressed Assets in the United Kingdom

In Short The Situation: As businesses continue to grapple with realising the value of business and assets which are potentially impacted by sanctions related to Russia's war in Ukraine, an English company recently utilised...more

AIM-Listed Company Implements Investor Compensation Scheme Following FCA Public Censure

The Situation: The UK Financial Conduct Authority ("FCA") publicly censured a UK publicly listed IT services provider for false disclosure but avoided a fine on the basis that the company provided essential services during...more

FCA Publishes Policy Statement Setting Out Changes to the Listing Rules, European Capital Markets Update

The United Kingdom's Financial Conduct Authority ("FCA") published a policy statement on 26 October 2017 setting out certain amendments to the Listing Rules ("LRs") and related technical notes ("Policy Statement"). The FCA...more

AIM Companies and the Legal Entity Identifier Requirement, European Capital Markets Update

The London Stock Exchange published AIM Notice 47 ("Notice") on 13 October 2017 in respect of the requirement that all AIM companies with securities admitted to trading on AIM obtain a Legal Entity Identifier ("LEI") code. It...more

FCA Publishes Two Papers on the Effectiveness of UK Primary Markets

In the FCA's 2016/2017 Business Plan, one of the FCA's main priorities was to carry out a review of the structure of the United Kingdom's primary markets in order to ensure that they continue to serve the needs of both...more

FCA Announces Review on Availability of Information Before IPO

May 2017 On 1 March 2017, the FCA published a consultation paper proposing a number of policies aimed at improving the information made available to investors during the initial public offering ("IPO") process. The paper also...more

Shareholder Rights Directive: Parliament Resolution at First Reading to Adopt Directive

On 14 March 2017, the European Parliament resolved to adopt the Commission's proposal to amend the Shareholder Rights Directive. The amendments approved by Parliament include...more

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