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HM Treasury Regulatory Requirements Private Company Shares

Morgan Lewis

UK Treasury Publishes Regulatory Framework for PISCES, A New Form of Private Market

Morgan Lewis on

HM Treasury published on 15 May 2025 the legal framework which will govern the establishment and operation of the Private Intermittent Securities and Capital Exchange System (PISCES), a new type of intermittent private...more

A&O Shearman

Mansion House: UK Government Finalizes PISCES Policy

A&O Shearman on

In its consultation response, the government notes that the proposal to establish a PISCES Sandbox was well received as an appropriate way to develop and test this new regulatory regime. The government confirms that it will...more

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