Linklaters

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.

• FRC outlines next steps for corporate governance
  The Financial Reporting Council has published a review of implementation of the UK Corporate Governance Code and the Stewardship Code.

• The Eurozone crisis: Do I need a contingency plan?
  Our bulletin focuses on potential exposures a business may have if a Eurozone member state were to exit the Eurozone or the EU.

• Expiry of super-equivalent market abuse offences postponed (again)
  Regulations have been made to extend the life of the “sunset” clauses of the Financial Services and Markets Act 2000. 

• Brokers can’t disclose that a seller is a PDMR
  The FSA is proposing to amend the Code of Market Conduct to confirm that a broker should not disclose that a seller is a PDMR

• FTSE UK Index Series – new free float eligibility requirement
  FTSE has published amended ground rules for the FTSE UK Index Series. 

• UK implementation of remaining Prospectus Directive amendments
  The FSA and HM Treasury have published a consultation on the UK implementation of amendments to the Prospectus Directive.

• ESMA consults on technical advice relating to the Prospectus Directive
  ESMA has published a second consultation on its technical advice on possible delegated acts concerning amendments to the Prospectus Directive.