UK Corporate Update - 12 February 2015

The following topics are covered in this issue. Click on the link in the right hand column to read the full article or download the entire issue as a PDF.


AGM Alert 2015 client guide published 

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.

UKLA confirms reduction in number of circulars requiring prior approval

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. 

ESMA reports on new rules on managers’ securities dealings

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. 

Why identifying a company by its registered number matters

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.

Companies to include full list of subsidiaries in their accounts

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)