Today the Pre-Emption Group (“PEG”) announced its expectations with regard to issuers complying with the Pre-Emption Group Principles in light of the unparalleled economic situation c...
On 6 March 2020, the UK Financial Conduct Authority (“FCA”) published a consultation paper (CP 20/3) which contained a number of proposals with regard to disclosures by listed compani...
Our UK Corporate Finance Update: Coronavirus (COVID-19) – Related Measures and Guidance published earlier this week provided a summary of the initial measures taken, and guidance issued...
With the onset of the coronavirus (COVID-19) pandemic, this memorandum provides a brief summary of the first of what will likely be multiple rounds of measures taken, and guidance issued,...
On 12 December 2019, the UK Financial Conduct Authority issued its Final Notice against Kevin Gorman, a senior employee of Braemar Shipping Services plc, for failing to notify Braemar and...
The Financial Conduct Authority has published an important update on its preparations for Brexit in the Primary Market Bulletin No. 24 (“PMB 24”).
Among other things, PMB 24 reminds f...
The European Securities and Markets Authority (ESMA) published a consultation paper on 3 October 2019, at the request of the European Commission, on the EU’s Market Abuse Regulation (MA...
This memorandum provides an overview of the Guidelines on Risk Factors under the New Prospectus Regulation, which were published by ESMA on 1 October 2019. The Guidelines are intended to ...
Davis Polk partners Dan Hirschovits and Simon Witty and counsel Jamie Corner were contributing authors to LexisNexis’s Market Tracker 2018 “Trends in UK Equity Capital Markets” repo...
On 7 February 2019, the Financial Conduct Authority published four Technical Notes relating to sponsors’ obligations. This memorandum considers the contents of these notes and the impac...
