Initial coin offerings (ICOs) involve issuers offering virtual coins or tokens that are created and disseminated using blockchain or distributed ledger technology. Virtual coins resemble cash in a number of ways but may also...more
On 13 July 2017, the Financial Conduct Authority (FCA) proposed a relaxation of certain aspects of the premium listing segment for sovereign-controlled companies.
The proposed new rules will create a new premium listing...more
A new prospectus regulation (Regulation (EU) 2017/1129) (the Regulation) will come into direct effect on 20 July 2017, with a small number of provisions applying immediately and the remainder applying from 21 July 2019. The...more
The FCA seeks to improve transparency in the UK equity IPO process.
The FCA is proposing significant reforms to the UK equity IPO process, in order to address its concerns that investors should be receiving better...more
Emerging companies remain under-represented on Europe’s capital markets despite the introduction of measures to make equity financing more accessible. This was the overarching takeaway from a recent one day summit at which...more
Key Points -
• Green Paper on Capital Markets Union (CMU Green Paper) and Consultation on Prospectus Directive Review (PD Consultation)
• Consultation Period runs until 13 May 2015
• Prospectus Directive...more
Investors must address several key issues at the outset of a restructuring to smooth the path to a successful realisation of their investment.
The classic image of a restructuring situation is of the critically ill...more