On May 20, 2020, the European Securities and Markets Authority issued a public statement on the impact of the COVID-19 pandemic on the half-yearly financials of listed issuers. In particular, ESMA addressed the preparation of...more
On April 17, 2020, the European Securities and Markets Authority (ESMA) provided guidance on the application of alternative performance measures (APMs) in the context of the COVID-19 pandemic by issuing Q&A 18 on its...more
Statement by the FCA -
The UK Financial Conduct Authority (FCA) issued a statement relating to COVID-19 on 4 March 2020. It stated that the FCA is working closely with the financial services sector to ensure it is...more
Companies subject to the EU Market Abuse Regulation (MAR), including companies listed on the London Stock Exchange, must disclose inside information to the market as soon as possible. There are very limited circumstances in...more
On 21 July 2019 the new Prospectus Regulation (Regulation (EU) 2017/1129) (the “New Prospectus Regulation”) regime repealed and replaced the previous Prospectus Directive (“PD2”) regime in all EU Member States....more