Alasdair Steele

Sep 16, 2024 | cms.law | Jack Shepherd |Alasdair Steele |Kate Badr |James Parkes

16/09/2024IntroductionOn 29 July 2024, the new Listing Rules came into force (new UKLR), as part of the biggest overhaul of the regulatory framework for listed companies in over three decades. This briefing focuses on the changes made to the sponsor regime.Retention and... Read more

Sep 10, 2024 | projectscot.com | Alasdair Steele

By Alasdair Steele, head of Scotland commercial at Knight FrankIT is no secret that UK institutional investors have cooled on Scotland in recent years. Since 2013, their share of investment in Scottish commercial property has more than halved, falling from 41.5% to 19.7% last year. So far in 2024, they have accounted for 14% of investment volumes – but a catalyst to reverse that decline may be on the horizon.

Sep 4, 2024 | lexology.com | Alasdair Steele |Kristy Duane |Jack Shepherd |Claire Wilson

IntroductionOn 29 July 2024, the new Listing Rules came into force (new UKLR), which aim to simplify and streamline the regulatory framework, reduce the administrative burden on issuers, and enhance investor protection and market integrity. The new UKLR introduced a single listing category for operating companies, known as the equity shares (commercial companies) category (ESCC), abolishing the previous two tier structure of premium and standard listings for operating companies.

Aug 5, 2024 | lexology.com | Alasdair Steele |James Parkes |Kate Darracott

The Financial Conduct Authority’s (FCA) new listing rules came into force on 29 July 2024 and aim to simplify and streamline the regulatory framework, reduce the administrative burden on issuers, and enhance investor protection and market integrity. With those aims in mind, the FCA has decided to largely retain the controlling shareholder regime that was applicable to premium listed companies in the new Equity Shares in Commercial Companies (ESCC) category of listed companies.

Jul 15, 2024 | lexology.com | James Parker |Alasdair Steele |Kate Badr

On 11 July 2024, the Financial Conduct Authority (FCA) published its final policy position and rules for a revised UK listing regime to modernise the existing Listing Rules. These changes follow extensive market engagement and feedback over the last couple of years, including consultations in May 2023 and December 2023.