In this alert, we provide a round-up of the latest developments in ESG for UK corporates. In this month’s ESG market alert, we cover: The FCA publishes the final rules on climate related disclosures for standard listed...more
The UK’s capital markets regulation is set to change over the course of the next year as the Government seeks to boost the UK’s competitiveness as an attractive listing destination for high growth companies. The FCA has...more
The Takeover Panel has just published its response statement (2020/1) making important changes to the Takeover Code regarding offer conditionality and timetable. They take effect on 5 July 2021 and will apply in relation to...more
The FCA has recently completed a review of the way in which UK issuers disclose changes to their total voting rights to the market and the resulting effect on major shareholding notifications. ...more
Intra-group transactions are the subject of close scrutiny, particularly where the financial condition of the group is in question. Directors must carefully consider whether each proposed transaction would amount to a...more
The Brexit transition period ended at 11:00 pm on 31 December 2020 and at the end of this transition period, the European Union (Withdrawal) Act 2018 converted existing EU legislation which had direct effect in the UK into UK...more
Recent changes introduced by the Financial Conduct Authority (FCA) -
On 21 December 2020, as we broke for Christmas, the FCA published new Listing Rule 9.8.6R(8) (LR) and guidance requiring commercial companies with a UK...more
1/8/2021
/ Annual Reports ,
Capital Markets ,
Climate Change ,
Cooperative Compliance Regime ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Financial Statements ,
Green Finance ,
Listing Rules ,
Policy Statement ,
Publicly-Traded Companies ,
UK
HM Treasury has launched a review of the UK listings regime on the basis that - The UK listing regime is “ready for review”, in particular in order to reform the regime “to attract the most innovative and successful firms and...more
Two recent Financial Conduct Authority enforcement notices focus on when and how disclosures by a listed company may be considered misleading - a basic disclosure requirement that is sometimes taken for granted.
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The Financial Reporting Council (FRC), the body responsible for the UK Corporate Governance Code, has published guidance on best practice for holding AGMs, taking into account the impact of this year’s COVID-19 lock-down on...more
27 March 2020: The Financial Conduct Authority (FCA), Financial Reporting Council (FRC), Prudential Regulation Authority (PRA) and the European Securities and Markets Authority (ESMA) have announced a series of actions to...more
6/1/2020
/ Capital Markets ,
Coronavirus/COVID-19 ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Reporting ,
Financial Reporting Council (FRC) ,
Investment ,
Prudential Regulation Authority (PRA) ,
Publicly-Traded Companies ,
Relief Measures ,
UK
The Financial Conduct Authority (FCA), Financial Reporting Council (FRC), Prudential Regulation Authority (PRA) and the European Securities and Markets Authority (ESMA) have announced a series of actions to ensure information...more
For obvious reasons, the finer points of the functioning and regulation of the UK's capital markets and corporate governance are not necessarily at the forefront of the minds of legislators and policy makers while addressing...more
Guide to the eligibility requirements and continuing obligations of admitting securities to the UK's key equity capital markets.
The UK has always been a popular destination for UK and overseas companies who are looking to...more
The UK’s consumer sector has shown resilience against the backdrop of challenging political and economic conditions. Consumers in the UK remain willing to spend; however, the way in which they do so is changing, with...more
2/19/2020
/ Arbitration ,
B2B Transactions ,
Consumer Protection Laws ,
Customs ,
Data Privacy ,
Doing Business ,
E-Commerce ,
Exports ,
Financial Services Industry ,
Imports ,
Intellectual Property Protection ,
Ownership of Works ,
Payment Systems ,
Real Estate Market ,
Regulatory Oversight ,
Regulatory Standards ,
Strict Product Liability ,
Supply Chain ,
Tariffs ,
UK
Hogan Lovells has prepared a roadmap of the key issues to consider when planning your listing in London.
...more
8/28/2019
/ AIM ,
Capital Markets ,
Corporate Governance ,
Due Diligence ,
Engagement Letters ,
Equity Securities ,
Financial Markets ,
Financial Transactions ,
Listing Standards ,
Offerings ,
Prospectus ,
Regulatory Standards ,
Share Capital ,
UK
Hogan Lovells Guide to the eligibility requirements and continuing obligations of admitting securities to the Premium, Standard and High Growth segments of the Main Market and AIM – (updated as at August 2019).
...more
New practical guidance for nominated advisers (Nomads) on the staffing of their corporate finance functions has been published by the London Stock Exchange (LSE) to enable Nomads to fulfil their obligations under the AIM...more
The events surrounding the Brexit negotiations continue to be in a state of flux - but we do have some clarity around the status of the Prospectus Regulation in the UK whatever the outcome of the UK Government's negotiations...more
A monthly newsletter covering topics of interest in the field of UK corporate law including mergers and acquisitions, listed companies, equity capital markets, corporate governance and general company law.
...more
9/26/2018
/ AIM ,
Corporate Governance ,
Disclosure Requirements ,
Disney ,
Enforcement Actions ,
Financial Markets ,
Financial Transactions ,
Initial Public Offering (IPO) ,
Insolvency ,
London Stock Exchange ,
New Guidance ,
Regulatory Standards ,
Shareholder Rights ,
Takeover Bids ,
UK
Hogan Lovells Guide to the eligibility requirements and continuing obligations of admitting securities to the Premium, Standard and High Growth segments of the Main Market and AIM – (updated as at 1 March 2018).
...more
Hogan Lovells Guide to the eligibility requirements and continuing obligations of admitting securities to the Premium, Standard and High Growth segments of the Main Market and AIM – (updated as at 1 January 2018).
...more
A monthly newsletter covering topics of interest in the field of UK corporate law including mergers and acquisitions, listed companies, equity capital markets, corporate governance and general company law. This month's...more
FCA proposes a new premium listing category for sovereign controlled companies -
On 13 July 2017, the Financial Conduct Authority published consultation paper CP 17/21 which proposes to create a new premium listing...more
The Pre-Emption Group reports on the use of its Statement of Principles -
The Pre-Emption Group, which represents listed companies, investors and intermediaries, has published a monitoring report looking at the use of its...more
6/6/2017
/ Data Protection ,
EU ,
EU Directive ,
EU Market Abuse Regulation (EU MAR) ,
European Securities and Markets Authority (ESMA) ,
General Data Protection Regulation (GDPR) ,
Personal Data ,
Preemption ,
Prospectus Regulation (PR3) ,
Shareholder Rights ,
UK