On 15 June 2023, The Insider Dealing (Securities and Regulated Markets) Order 2023 enters into force. It amends the Criminal Justice Act 1993, which sets out the UK’s criminal insider d...
The FCA has today published a consultation paper seeking views on major proposed reforms to the UK listing regime, including the creation of a single listing category for shares in commer...
The European Securities and Markets Authority has recently published updated versions of its Q&As on the EU Prospectus Regulation and, in December 2022, the European Commission published ...
Davis Polk partner Zach Zweihorn served as the contributing editor for the 2023 edition of Getting the Deal Through: Financial Services Compliance, a reference guide enabling side-by-side...
The Investment Association, the trade body for UK investment managers, has published updated guidelines setting out the expectation of its members where premium listed companies seek shar...
This update outlines important changes that take effect today to the scope of those parties who are presumed to be acting in concert with an offeror or offeree. It also recaps certain cha...
On November 4, 2022, the Pre-Emption Group (PEG) issued a new version of its Statement of Principles implementing the recommendations of the Secondary Capital Raising Review (SCRR).
Davis Polk partners Simon Witty and Dan Hirschovits and associate James Ufland authored “Equity Capital Markets in the UK (England and Wales): Regulatory Overview” in Practical Law. T...
On 28 July 2022, the Financial Conduct Authority (FCA) published decision notices for Carillion plc (Carillion) and three of its former executive directors relating to breaches of the Mar...
On 27 May 2022, following an earlier consultation, the UK’s Financial Conduct Authority (FCA) published new and revised procedural and technical guidance on the UK prospectus regime and...
