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Dec 18, 2024 | 
jdsupra.com | Johannes Poon
The FCA is approaching its design of the world’s first regulated private/public crossover market with a “private plus” rather than a “public minus” mindset. On 17 December 2024, the FCA launched a consultation on its proposed regulatory framework for the Private Intermittent Securities and Capital Exchange System (PISCES) (CP24/29).
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Nov 18, 2024 | 
jdsupra.com | Johannes Poon
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Jul 11, 2024 | 
lexology.com | Mark Austin |Chris Horton |James Inness |Anna Ngo |Johannes Poon
To view this article you need a PDF viewer such as Adobe Reader. If you can't read this PDF, you can view its text here. Go back to the PDF. The new regime modernises the listing framework while maintaining robust standards to protect investors and ensure market integrity. On 11 July 2024, the FCA released the final rules for the new UK listing regime, which will take effect from 29 July 2024.
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Mar 6, 2024 | 
lexology.com | Mark Austin |Rob Moulton |Anna Ngo |Charlotte Collins |Johannes Poon
UK Chancellor launches consultation on the proposed Private Intermittent Securities and Capital Exchange System (PISCES) as part of the Spring Budget. On 6 March 2024, HM Treasury published a consultation paper seeking industry feedback on the UK’s proposed new regulated crossover market, the Private Intermittent Securities and Capital Exchange System (PISCES).
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Dec 20, 2023 | 
lexology.com | Mark Austin |Chris Horton |James Inness |Anna Ngo |Johannes Poon
The consultation paper confirms a radical approach to bolster the international competitiveness of the UK markets and return to a disclosure-based listing framework. The FCA today published consultation paper CP23/31 setting out detailed draft rules for the new UK listing regime. The publication represents the final stage of the journey to reshape the UK Listing Rules which started with the launch of Lord Hill’s UK Listings Review in 2020.
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Nov 8, 2023 | 
lexology.com | Mark Austin |Chris Horton |James Inness |Anna Ngo |Johannes Poon
The FRC’s future work will be assessed through the lens of the UK’s economic growth and international competitiveness. On 7 November 2023, the FRC a significant and wide-ranging policy update which included a material change of direction in relation to how it will approach its work in the future and a significant recalibration of how it will take forward its consultation on proposed changes to the UK Corporate Governance Code.
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Oct 16, 2023 | 
lexology.com | Mark Austin |Chris Horton |James Inness |Anna Ngo |Johannes Poon
Companies had raised serious concerns about the additional red tape that the proposed reporting obligations would require. On 16 October 2023, the UK government withdrew the draft Companies (Strategic Report and Directors’ Report) (Amendment) Regulations. The regulations, which formed part of the wider proposals to reform the UK audit and corporate governance regulatory landscape, were laid in Parliament on 19 July 2023.
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Jul 18, 2023 | 
lexology.com | Chris Horton |James Inness |Anna Ngo |Johannes Poon
The FCA reveals its initial thinking on the regulatory framework for primary multilateral trading facilities and public offer platforms. On 13 July 2023, the FCA published its fifth and sixth engagement papers to solicit discussion and feedback on the regulation of public offer platforms and primary multilateral trading facilities (MTFs) under the new regime for public offers and admissions to trading.
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Jul 18, 2023 | 
lexblog.com | Chris Horton |James Inness |Anna Ngo |Johannes Poon
The FCA reveals its initial thinking on the regulatory framework for primary multilateral trading facilities and public offer platforms. By Chris Horton, James Inness, Anna Ngo, and Johannes PoonOn 13 July 2023, the FCA published its fifth and sixth engagement papers to solicit discussion and feedback on the regulation of public offer platforms and primary multilateral trading facilities (MTFs) under the new regime for public offers and admissions to trading.
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May 22, 2023 | 
jdsupra.com | Johannes Poon
Proposals significantly reduce the regulatory burden on premium listed companies. On 3 May 2023, the FCA published a consultation paper CP23/10 which sets out a blueprint for changes to the UK listing regime and the feedback to its prior discussion paper DP22/2. Please see full Alert below for more information.
