Owen McLennan

Oct 28, 2024 | professionaladviser.com | Sarah Wylie |Owen McLennan

Social media has become a busy marketplace for financial products, with providers using social channels to directly reach acquisitive, often younger consumers. But unlike hair care or home organisation tools, promotion of financial instruments is heavily regulated, with stiff penalties for breaking the rules.

Sep 19, 2024 | lexology.com | Darren Acres |Nik Colbridge |Owen McLennan |Brian Moore |Neil B. Nicholson |Guy Norfolk | +2 more

In a significant milestone in the reform of the UK's capital markets, the Financial Conduct Authority (FCA) has published for consultation detailed proposals, including draft rules, for a new UK regime for public offers and admissions to trading. This consultation paper (CP24/12), which coincided with the coming into force of the new UK listing regime, is the latest step towards enhancing the competitiveness of the UK's capital markets and removing barriers to participation.

Jul 12, 2024 | lexology.com | Nik Colbridge |Neil B. Nicholson |Owen McLennan |Guy Norfolk |Brian Moore |Katharine Harle | +1 more

The FCA has published the new Listing Rules Sourcebook (New UKLR), which will take effect from 29 July 2024, in what the FCA has acknowledged is the biggest change to the listing regime in more than 30 years. BackgroundIn December 2023, the FCA published consultation CP23/31 which detailed proposals to overhaul the Listing Rules.

Mar 13, 2024 | lexology.com | Darren Acres |Nik Colbridge |Owen McLennan |Brian Moore |Neil B. Nicholson |Guy Norfolk | +2 more

As anticipated, the FCA has published the second tranche of its proposed new sourcebook for the UK listing regime. In December 2023, the FCA published its Consultation Paper Detailed proposals for listing rules reforms (CP 23/31) (the December Consultation).

Jan 4, 2024 | lexology.com | Darren Acres |Nik Colbridge |Owen McLennan |Brian Moore |Neil B. Nicholson |Guy Norfolk | +1 more

The FCA has advanced its reform of the UK listing regime for equity shares with the publication of a further consultation paper setting out its detailed proposals for reform, including the likely timetable and first tranche of the proposed new UK Listing Rules sourcebook.