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FCA Fines Former Chairman of Convatec for Unlawful Disclosure of Inside Information

The Financial Conduct Authority (FCA) which regulates financial services and markets in the UK has fined Sir Christopher Gent, the former non-executive Chairman of ConvaTec Group Plc (the Company), for unlawfully disclosing...more

EU Securities – Proposed Settlement System to Facilitate London Listings of US Companies

Historically, due to certain restrictions under US securities laws, equity securities of US companies and other companies that do not qualify as “foreign private issuers” under US securities laws (collectively, “US-Based...more

EU Securities Settlement – Changes Should Make UK Listings More Attractive to US-Based Issuers

Since the Markets in Financial Instruments Directive (“MiFID”) came into force in 2007, European legislators and market participants have sought to harmonise the diverging European securities settlement framework, with a view...more

Abort Fees: Make Sure You Engage

In the second half of 2013 the case of Daniel Stewart & Company Plc v Environmental Waste Control Plc [2013] EWHC 1763 (QB) raised points to consider when drafting abort fee provisions in engagement letters. ...more

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