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FCA’s final rules for PISCES: London’s new private share trading market

The Financial Conduct Authority ("FCA") has published its final rules for the Private Intermittent Securities and Capital Exchange System ("PISCES") – London's new private company share trading platform. The proposals are a...more

White & Case supports UK Finance and AFME on response to FCA’s PICSES consultation

White & Case has supported UK Finance and the Association for Financial Markets in Europe ("AFME") on their joint response to the Financial Conduct Authority's ("FCA") consultation on the private intermittent securities and...more

FCA updates on UK listing regime reforms

The FCA has provided updates on its expected approach to proposed reforms to the UK listing regime, including a new single listing segment. On 29 March 2023, the FCA's Chief Executive, Nikhil Rathi, delivered a speech at...more

HM Treasury report on UK Secondary Capital Raising Review

HM Treasury publishes the outcome and recommendations of the UK Secondary Capital Raising Review - On 19 July 2022, HM Treasury published the final report (the "Report") of the UK Secondary Capital Raising Review, which...more

New ESMA Guidelines on Prospectus Disclosure

Prospectus Regulation - ESMA publishes Final Report on prospectus disclosure guidance to replace CESR Recommendations - Background - On 15 July 2020, ESMA published its Final Report1 on guidelines for disclosure...more

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