On November 5, 2013, the UK Financial Conduct Authority (the “FCA”) published near final rules and a further round of consultation on enhancing the effectiveness of the UK Listing Reg...
Regulators have recently clarified two important aspects of the prospectus regime that applies across the European Economic Area pursuant to the Prospectus Directive (Directive 2003/71/EC...
The way in which the UK financial services industry is regulated underwent a significant restructuring in 2013 with the adoption of a ‘twin peaks’ system of regulation and supervision.
On October 17, 2013, the Council of the EU adopted the proposal for a directive to amend the Transparency Directive (2004/109/EC) (the “Amended Transparency Directive”). The adoption ...
Significant amendments to the U.K. Takeover Code (the “Code”) took effect from September 30, 2013. The U.K. Takeover Panel (the “Panel”) has widened the categories of companies t...
On June 10, 2013, the European Securities and Markets Authority (“ESMA”), following a request from the European Commission, published a report comparing the liability regimes applied ...
On May 15, 2013, the Code Committee of the U.K. Takeover Panel (the “Panel”) published its response statement 2012/3 following a consultation on proposals to amend the rules for deter...
On July 5, 2012, the Code Committee of the U.K. Takeover Panel (the “Panel”) published three Public Consultation Papers (“PCPs”) setting out proposed amendments to the U.K. Takeov...
