On 26 August 2025, the Financial Conduct Authority approved the London Stock Exchange as the first operator of a PISCES. PISCES is the world’s first regulated private stock market that ...
Since 2021, successive governments and regulators have focused on reform of the UK’s capital markets and regulatory framework to strengthen the UK’s position as a leading financial ce...
The UK Financial Conduct Authority recently published its final rules for the Private Intermittent Securities and Capital Exchange System, a new regulatory framework under which operators...
The Treasury and State Departments have issued sanctions relief permitting U.S. and foreign persons to engage in a broad set of transactions with Syrian businesses, the Syrian government ...
Davis Polk counsel Mark Chalmers authored “What to note as HM Treasury, FCA plan new crypto regs” in Law360. In the article, Mark provides an overview of the current UK regime for cry...
Since 2023, the UK government has been engaging with the cryptoasset industry as part of its efforts to develop a regulatory regime for cryptoasset activities and services. In late April ...
Davis Polk counsel Mark Chalmers authored “Applying new FCA guidance on control of financial firms” in Law360. In the article, he provides background to the UK change-in-control regim...
The new EU Listing Act designed to modernize and streamline access to public capital markets in the European Union through several amendments to the EU Prospectus Regulation becomes effec...
On 1, November 2024, the FCA issued finalised guidance on the UK change in control regime. The guidance outlines the expectations for identifying controllers, submitting change in control...
On 10 October 2024, the Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 came into effect in the UK. The regulations provide the newly created Office for Trade ...
