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Life Sciences Law Update Key developments for pharma and medical device companies in EU and Germany, France, UK, Italy and Spain...

Pharma: Reform of the EU Pharmaceutical Legislation; German Medical Research Act enacted fostering R&D also including confidentiality of drug prices; France adopts standard CTA clauses; UK easing clinical trials; Devices:...more

PISCES – FCA publishes its final rules and welcomes applications from market operators

The Financial Conduct Authority (FCA) has released its final rules regarding the Private Intermittent Securities and Capital Exchange System (known as PISCES), the new platform designed to host intermittent secondary trading...more

New UK Listing Regime – now open for business

New Listing Rules come into force on 29 July 2024, implementing long-awaited reforms to the UK’s Listing Regime. The changes, which some have billed ‘radical’, form a critical component of the Government’s wider workstream to...more

PISCES: Government proposes innovative new UK platform for trading in shares of private companies

On 6 March 2024, as part of its Spring Budget measures, the Government published a consultation on its proposed new ‘Private Intermittent Securities and Capital Exchange System’ (known as PISCES). The new platform will allow...more

3/18/2024  /  Financial Markets , Investment , Investors , UK

Reform of the UK’s capital markets: FCA seeks views on proposed single UK listing segment

A new single UK listing segment for equity shares issued by commercial companies is proposed to replace the current premium and standard listing segments of the FCA’s UK Official List. We take a closer look at the new...more

Takeover Panel response statement (2020/1): conditions to offers and the offer timetable

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

HM Treasury UK Listings Review – Call for Evidence

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

FRC – New guidance on AGM best practice

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

New measures to protect UK life sciences businesses from foreign takeovers

As of 23 June, the UK government can scrutinize certain foreign takeovers and other acquisitions to ensure that they do not jeopardize the UK's capability to combat, and mitigate the effects of, a public health emergency...more

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