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New UK Prospectus and Securities Offering Regimes to Enter Into Force in January 2026

The UK Financial Conduct Authority published PS25/9 and PS25/10 in July 2025, setting out the final rules that will govern the UK’s new public offers and admissions to trading regime, which will replace the existing UK...more

UK Treasury Publishes Regulatory Framework for PISCES, A New Form of Private Market

HM Treasury published on 15 May 2025 the legal framework which will govern the establishment and operation of the Private Intermittent Securities and Capital Exchange System (PISCES), a new type of intermittent private...more

UK Takeover Panel Consults on Major Changes to UK Takeover Code

Proposed changes to the UK Takeover Code include simplifying and adding flexibility to the timetable applicable to contractual offers, as well as making offer conditions relating to antitrust clearances subject to the same...more

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