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UK guidance on acquisitions and increases in control in PRA and FCA authorised firms

The UK financial services regulators, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), have recently set out their final policy on the assessment of acquisitions and increases in control of PRA...more

What the new private sale process regime means for private equity investors

The UK Takeover Panel (the Panel) has published a new framework for private sale processes. If you are a private equity investor considering potential P2P acquisitions after receiving initial soundings from management teams,...more

FCA publishes proposals for new UK Listing regime for commercial companies

Today the FCA has published its Consultation Paper (CP23/31) setting out its detailed proposals for listing rules reforms as part of its Primary Markets Effectiveness Review. This is the first of two consultations on the...more

Conversion of shares, variation of class rights and interpretation of articles of association the Court of Appeal decision in the...

The Court of Appeal has upheld a High Court decision regarding the interplay between potentially conflicting provisions in a company’s articles of association. The provisions in question related to the conversion of shares...more

HM treasury consultation: Amendments to the Building Societies Act 1986

The government is consulting on a number of welcome changes regarding building societies’ corporate framework requirements and funding models. ...more

Should I include an express and general duty of good faith in my shareholders’ agreement?

Should I include an express and general duty of good faith in my shareholders’ agreement? The answer to this depends, of course, on the circumstances and who you’re acting for....more

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