28 Mar, 2024 International secondary listing category By Tom Godwin Richard Ho Jennifer McCarthy The FCA’s upcoming reform of the listing regime will consign to history the familiar premium and standard segments. Companies aiming for...
18 Mar, 2024 The Private Intermittent Securities and Capital Exchange System (PISCES) By James Smethurst Tom Godwin Richard Ho Regina Erie Christopher Bernard Jennifer McCarthy +3 more... Show less This blog considers the recent HM Treasury (HMT) consultation on the proposed trial of a new ‘Private Intermittent Securities and Capital...
11 Jan, 2024 The UK IPO gap in numbers: a problem with the pipeline? By Tom Godwin This article was originally published on 10 January 2024 on 'Thomson Reuters Regulatory Intelligence' by Thomson Reuters. © Thomson...
21 Dec, 2023 Recalibrating the rule book – FCA publishes final proposals By Christopher Mort Tom Godwin Richard Ho Jennifer McCarthy Julian Makin +2 more... Show less The FCA has published CP23/31: Primary Markets Effectiveness Review: Feedback to CP23/10 and detailed proposals for listing rules...
23 Nov, 2023 US SEC modernises its beneficial ownership reporting regime – implications for stakeholders no matter where listed or incorporated By Doug Smith Ethan Magid Virginia Flower Any corporate or individual investor likely to acquire an over 5% stake in the equity of a US-listed company (for the first time) should...
29 Aug, 2023 The Public Offer Platform By Chris Ranson Claire Harrop Richard Ho Christopher Bernard Jennifer McCarthy +2 more... Show less A new regulated activity Following on from our previous blog post, The Future of Prospectuses in the UK, the FCA has recently published...
31 Jul, 2023 SEC adopts new cybersecurity disclosure rules (including for FPIs) By Ethan Magid Doug Smith Virginia Flower For those foreign private issuers out there struggling to keep up with the SEC’s recent spate of rulemaking – we don’t blame you. In...
15 Jun, 2023 Back to the future: Expected resurrection of multiple-vote share structures in Germany By Pamela Marcogliese Daniel von Bülow When founders prepare to take their company public, the prospect of losing control over their business can be daunting. In the United...
12 Jun, 2023 Compliance with new US clawback rules delayed to December 1, 2023 By Doug Smith Alice Greenwell David Mendel Lori Goodman Ethan Magid Regina Erie Virginia Flower Nicole Foster +5 more... Show less In good news, the rule-making process has slowed down, with a December 1 compliance date (closer to that originally envisaged), which...
01 Jun, 2023 Why is the FCA changing its rules on dual class share structures? By Tom Godwin Richard Ho Jennifer McCarthy The FCA first allowed dual class share structures (DCSS) on the premium segment at the end of 2021, following recommendations made by the...
23 May, 2023 The Future of Prospectuses in the UK By Tom Godwin Richard Ho Jennifer McCarthy What can we learn from the FCA’s latest engagement papers, and how do they compare to the EU’s recent proposals? As part of its update of...
11 May, 2023 Revamping corporate law for capital raises in Germany: A closer look at the draft Future Financing Act By Daniel von Bülow Lawmakers at both the European and national levels have taken on the ambitious task of improving the attractiveness of public capital...