News & Analysis as of

United Kingdom Public Disclosure

Ropes & Gray LLP

New Regulations Strengthen Privacy for UK Company Directors: Expanded Rights to Protect Personal Information from Companies House...

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For many individuals, holding board level positions in UK entities comes with the fear of their names, dates of birth and residential addresses being published by Companies House. This has led to instances of identity theft,...more

BCLP

Unnecessary, Unfair and Unclear

BCLP on

In November 2024, the FCA published its further consultation with its revised proposals to make early announcements of open enforcement investigations (“CP 24/2, Part 2”). BCLP was one of the many respondents to raise strong...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: A Guide to Solvency II – Chapter 14: The SFCR and Other Public Reporting

The SFCR and Other Public Reporting - Introduction - The Solvency II regime, as legislated in the Solvency II Directive and elaborated upon in Chapter XII of the EU Commission Level 2 Delegated Regulation (2015/35), is...more

Orrick, Herrington & Sutcliffe LLP

Economic Crime (Transparency and Enforcement) Act 2022 – Implications for Property Transactions

The Economic Crime (Transparency and Enforcement) Act 2022 (the "Act") received royal assent on 15 March 2022 and key aspects of the Act summarised below came into force in the UK on 1 August 2022. The aim of the Act is to...more

Jones Day

AIM-Listed Company Implements Investor Compensation Scheme Following FCA Public Censure

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The Situation: The UK Financial Conduct Authority ("FCA") publicly censured a UK publicly listed IT services provider for false disclosure but avoided a fine on the basis that the company provided essential services during...more

White & Case LLP

Blowing the whistle on inadequate protections: How does the new EU Whistleblower Directive improve on existing legislation?

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'Whistleblower' is a widely used term. However, what it means and the protections a whistleblower might receive are by no means universal. Whistleblowers have been a regular presence in the news over recent years, from...more

A&O Shearman

UK Regulator Considers Potential Regulatory Refinements for Climate Change

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The U.K. Financial Conduct Authority has published a Discussion Paper on climate change and green finance in which it calls for comment on potential changes to its regulatory approach in these areas. The Discussion Paper sets...more

Hogan Lovells

IORP II: What Does It Mean For Uk Pensions?

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The new directive on occupational pension schemes (IORP II) must be implemented in national law by mid-January 2019. UK pension schemes are already subject to most of the requirements under existing UK legislation. However,...more

Proskauer Rose LLP

Regulation Round Up - September 2017

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1 September - The Prudential Regulation Authority (PRA) updated its April 2017 public disclosure with Template A (Disclosure of Aggregate Statistical Data with regard to Insurance and Reinsurance Undertakings) and Template...more

Jones Day

Proposed UK Corporate Governance Reforms Target Executive Pay Justification, Employee Engagement

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The Situation: The UK government has proposed several corporate governance reforms in an effort to improve transparency and accountability in private and public employers....more

Foley Hoag LLP - Global Business and Human...

Australia’s Consideration of a New Modern Slavery Act: What You Need to Know

Corporate counsel must increasingly assess the implications of new transparency statutes that require companies to make public disclosures as to their efforts to address certain human rights-related risks in connection with...more

Dorsey & Whitney LLP

Advertising Standards Authority Rules That Instagram Post Contained Inadequate Disclosure

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A recent ruling of the Advertising Standards Authority (ASA) in the U.K. highlights the global crackdown on sponsored posts that do not make clear that they are advertising. A complaint was filed with the ASA about an...more

Dorsey & Whitney LLP

Gender Pay Gap Reporting for Companies with More Than 250 Employees in Great Britain

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Beginning April 2017, companies with 250 or more employees in England, Wales and Scotland on April 5th should be aware of a requirement to begin publishing annually on their own website and on a government website the...more

Cooley LLP

Blog: UK Treasury Select Committee presses PRA to relax ‘doctrine’ of supervisory confidentiality

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The UK’s Treasury Select Committee (TSC) has just published an exchange of correspondence between Andrew Tyrie MP (chair of the TSC) and Andrew Bailey (CEO of the Prudential Regulation Authority (PRA)). The correspondence is...more

Parker Poe Adams & Bernstein LLP

Considering Stewardship and Corporate Governance in the UK

A recent announcement regarding the UK’s Stewardship Code serves as a reminder of the current similarities and differences between the US and UK corporate governance schemes, as well as their ongoing convergence. By way...more

Foley Hoag LLP - Global Business and Human...

Managing Legal and Reputational Risks in an Era of Enhanced Transparency

Companies face a range of new requirements and expectations calling for enhanced transparency regarding human rights-related risks in connection with their operations. Responsible compliance with both mandatory requirements...more

Cooley LLP

Alert: Modern Slavery Act 2015

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Larger businesses will soon be required to prepare an annual, public-facing, slavery and human trafficking statement under new requirements imposed by the Modern Slavery Act 2015. This obligation is commonly referred to as...more

Foley Hoag LLP

U.K. Modern Slavery Act: New Disclosure Requirements for Companies Operating in the United Kingdom

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Companies that do business in the United Kingdom should assess their exposure to the U.K. Modern Slavery Act, which goes into effect this October. The transparency provisions of the Act are applicable to companies that do any...more

Troutman Pepper Locke

UK’s Serious Fraud Office Fined £180,000 for Disclosure of Confidential Documents from High-Profile Investigation

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On 30 March 2015, the UK’s Information Commissioner’s Office (“ICO”) announced that it has fined the Serious Fraud Office (“SFO”) £180,000 after sensitive evidence relating to 64 people involved in the BAE Systems (“BAE”)...more

Morgan Lewis

FCA Publishes New Reporting Requirements for Extractive Industries

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The requirements mandate that UK-listed companies that operate in the extractive industries sector make public disclosures relating to payments made to governments....more

Orrick, Herrington & Sutcliffe LLP

Behind the curtain – update on new transparency rules for UK companies

The Small Business, Enterprise and Employment Bill has completed its third reading in the House of Commons. It will now proceed to debate in the House of Lords. What’s changing? For companies and business...more

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