The FCA has published a special edition of its Primary Market Bulletin which provides key commentary for issuers and market participants in light of the coronavirus pandemic.
Ongoing disclosure under the Market Abuse...more
The UK Corporate Governance Code 2018 focusses on the importance of diversity and succession planning. In this article we look at the current requirements, compliance and examine some of the issues companies should consider...more
This year companies have to report for the first time on how the directors have considered stakeholder interests and how the employee voice is reflected in the boardroom. This article examines the new reporting requirements...more
2020 will see companies report against the 2018 UK Corporate Governance Code for the first time. Amongst other things, companies will need to explain the methods used for workforce engagement and provide clear explanations...more
1/30/2020
/ Annual Reports ,
Beneficial Owner ,
Board of Directors ,
Diversity ,
Energy Efficiency ,
Environmental Social & Governance (ESG) ,
Equal Pay ,
Insolvency ,
Libor ,
Merger Controls ,
Mergers ,
Publicly-Traded Companies ,
Reporting Requirements ,
State and Local Government ,
UK
On 11 December 2019, a Regulation amending the Market Abuse Regulation and the Prospectus Regulation was published. The aim of these amendments is to increase the attractiveness of SME Growth Markets by reducing some of the...more
12/16/2019
/ AIM ,
Capital Formation ,
Capital Markets ,
Corporate Governance ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
Financial Conduct Authority (FCA) ,
Insider Information ,
London Stock Exchange ,
Market Abuse ,
Prospectus ,
Prospectus Regulation (PR3) ,
Small and Medium-Sized Enterprises (SMEs) ,
UK
Glass Lewis has published its 2020 UK Proxy Paper Guidelines which provide an overview of its approach to governance and proxy research in the UK. Glass Lewis review companies’ adherence to the Investment Association’s...more
ESMA has published a consultation paper seeking views on various provisions of the Market Abuse Regulation (MAR). These include revisions to the protections created by the market soundings regime, an assessment of the...more
The FCA has published decision notices fining Cathay International Holdings Ltd, its CEO and Finance Director for breach of the Listing Principles and DTRs. Mark Steward, Executive Director of Enforcement and Market...more
The London Stock Exchange has published two editions of Inside AIM on (i) the staffing of Nominated Advisers and (ii) the AIM Designated Market Route.
Staffing of Nominated Advisers (nomads) -
This edition of Inside...more
After considerable feedback, the FCA has published Primary Market Bulletin No.23 with finalised guidance on periodic financial information and inside information and commentary on MiFID II compliance and the UK IPO...more
The FCA, in Primary Market Bulletin No.20 (‘PMB’), confirms the phasing out of the name “UKLA”; the creation of a one-stop shop portal for transaction reviews and issuer management interactions; publication of new technical...more
Following a number of corporate governance failures in situations of insolvency, the Government has published a consultation paper (located here) aimed at cracking down on directors and employers behaving irresponsibly. ...more