UK Corporate Update - 12 February 2015
We have published our AGM Alert 2015 guide to changes in law and practice over the last year which affect the AGMs of UK premium-listed companies.
The Financial Conduct Authority has made various miscellaneous amendments to the Listing Rules, Prospectus Rules and Disclosure and Transparency Rules. Most of these took effect on 1 February 2015, with amendments relating to approval of circulars and investment policies taking effect on 1 April 2015.
The European Securities and Markets Authority has published its final report on technical advice on possible delegated acts under the Market Abuse Regulation. This covers selected areas where the Regulation requires detailed provision to be made under further rules to be made by the Commission.
In a case widely reported in the press, it was established that Companies House owed a duty to take reasonable care when making entries on the register after it marked the wrong company as being in liquidation, with catastrophic results.
The Government has published a response to its September 2014 consultation on Chapters 1 to 9 of the Accounting Directive (Directive 2013/34/EU) together with draft legislation to implement the Directive in the UK.Download entire issue (as pdf)