On 26 May 2022, the Financial Conduct Authority (the “FCA”) published a discussion paper (DP22/2), setting out its response to feedback received to consultation paper 21/21: Primary Markets Effectiveness Review and seeking...more
On 24 March 2022, the Takeover Panel (the “Panel”) issued a note to advisers on disclosure of information under Rule 9 of the Takeover Code (the “Code”) and a note to advisers in relation to Rule 2.8 statements. Such notes do...more
COVID-19 has had a significant financial impact on many listed companies and, in recent months, there has been a marked increase in equity capital raises by listed companies. As at 22 July 2020, there have been over 100...more
8/17/2020
/ Biotechnology ,
Capital Raising ,
Equity Securities ,
Health Care Providers ,
Healthcare Facilities ,
Life Sciences ,
Mergers ,
Pharmaceutical Industry ,
Popular ,
Publicly-Traded Companies ,
UK
The Government’s announcement of new measures on 23 March 2020 requiring people to stay at home, except for very limited purposes, and to stay two metres away from other people has had an effect on the ability of public...more
On 6 March 2020, the Financial Conduct Authority (“FCA”) launched a consultation paper outlining new climate-related disclosure requirements for premium listed issuers and consulting on guidance on existing obligations set...more
3/21/2020
/ Climate Change ,
Consultation Periods ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Conduct Authority (FCA) ,
Proposed Rules ,
Publicly-Traded Companies ,
Sustainability ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
UK
In addition to the revised corporate governance code published by the Financial Reporting Council in July 2018 (the “Code”) (which applies to accounting periods beginning on or after 1 January 2019), new legislative reporting...more
2/1/2019
/ Amended Rules ,
CEOs ,
Corporate Governance ,
Directors ,
Executive Compensation ,
Pay Ratio ,
Privately Held Corporations ,
Publicly-Traded Companies ,
Reporting Requirements ,
Share Price ,
The Companies (Miscellaneous Reporting) Regulations 2018 ,
The Companies Act ,
UK
The Hampton-Alexander Review (the “Review”), an independent, business led review supported by the UK Government, has published its ‘one year on’ supplementary report on gender balance in FTSE leadership....more
11/17/2017
/ Board of Directors ,
Corporate Governance ,
Diversity ,
FTSE ,
Gender-Based Pay Discrimination ,
Leadership ,
Pay Gap ,
Performance Reviews ,
Publicly-Traded Companies ,
Reporting Requirements ,
UK ,
Wage and Hour ,
Woman Board Members
From 24 July 2017, UK companies whose shares are admitted to trade on the London Stock Exchange’s AIM market, and other companies listed on prescribed markets, will no longer be exempt from the requirements to keep and...more
7/5/2017
/ AIM ,
Exemptions ,
Limited Liability Partnerships ,
London Stock Exchange ,
Member State ,
Money Laundering ,
New Rules ,
Person with Significant Control (PSC Register) ,
Publicly-Traded Companies ,
Registration Requirement ,
Scotland ,
Stock Exchange ,
Transparency ,
UK ,
UK Companies Acts
The Department for Business, Energy & Industrial Strategy (BEIS) has recently published a Green Paper on options for future corporate governance reform. The Government’s stated objective is to put in place “the right checks...more
12/9/2016
/ BEIS ,
Board of Directors ,
Corporate Governance ,
Executive Compensation ,
Pay Ratio ,
Privately Held Corporations ,
Publicly-Traded Companies ,
Regulatory Reform ,
Remuneration ,
Shareholder Votes ,
Shareholders ,
Transparency ,
UK