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UK Corporate Update 

9 August 2010 

09 August 2010

The following topics are covered in this issue. Click on the links in the right hand column to read the individual articles or download the entire issue as a PDF.

  • UKLA revises policy on reverse takeovers
    The UKLA announces a helpful change to its policy on the question of when a suspension is required following the leak (or announcement) of a reverse takeover
  • AIM issues "Inside AIM" newsletter
    The AIM Regulation team at the London Stock Exchange has published the second edition of Inside AIM
  • Bribery Act 2010 implementation
    The Ministry of Justice has announced that the Bribery Act 2010 (which received Royal Assent on 8 April 2010) will come into force in April 2011
  • Takeovers post Kraft/Cadbury: Government Response
    The Government has published a Command Paper responding to the BIS select committee report on mergers & acquisitions and takeovers
  • Consultation on guidance to improve board effectiveness
    The Financial Reporting Council has asked the Institute of Chartered Secretaries and Administrators to develop guidance on board effectiveness
  • Provision of Non-Audit Services by Auditors
    The Auditing Practices Board has issued a feedback statement following its consultation in October 2009 on whether there should be a ban on auditors providing non-audit services to their audit clients
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