Nicholas T. Usher

Apr 3, 2024 | mondaq.com | Paul Amiss |Nicholas T. Usher |Rebecca Jack

Secrecy is critical. Information about the potential offer is secret and must only be passed on to another person if it is essential to do so and that person is aware of the need for secrecy. Leaking of information may constitute a civil or criminal offence. Use code names in all documents, e-mails and during telephone conversations. Do not discuss the deal in a place where you might be overheard.

Jan 10, 2024 | mondaq.com | Paul Amiss |David A. Sakowitz |Nicholas T. Usher

The Financial Conduct Authority (FCA) published its much-anticipated consultation paper CP23/31 in late December 2023 setting out detailed proposed measures aimed at making the UK's Listing Rules more accessible, effective and competitive through a simplified and disclosure-based listing regime. The FCA's key measures reflect most of the proposals set out in previous consultation paper CP23/10 in May 2023, alongside a number of additional changes.

Dec 29, 2023 | mondaq.com | Sara Susnjar |Nicholas T. Usher

On December 9, 2023, the European Commission (Commission) announced that a political agreement was reached between the European Parliament and the Council on the Artificial Intelligence (AI) Act (AI Act), as proposed by the Commission in April 2021. It is considered the first text of its kind in the world. For years, the Commission has taken the lead to facilitate and enhance cooperation on AI across the European Union (EU) to boost its competitiveness and ensure trust within the EU market.