UK Corporate Update - August 2017

Welcome to the August 2017 issue of UK Corporate Update. This update will be of most use to General Counsel, Company Secretaries and other executives involved in corporate governance, company law and other aspects of listed and unlisted company management.

No change to Pre-Emption Group Principles

The Pre-Emption Group has confirmed that it does not intend to change the pre-emption thresholds set out in its 2015 Statement of Principles following the Prospectus Regulation coming into force.

FRC fact sheet to help companies meet new non-financial reporting obligations

The Financial Reporting Council has published a factsheet on non-financial reporting.

FRC consults on update to its strategic report guidance

The Financial Reporting Council has launched a consultation setting out proposed amendments to its Guidance on the Strategic Report.

HMRC publishes guidance on country-by-country reporting

HM Revenue & Customs has published guidance on which companies must produce a country-by-country report

Corporate governance reform: the Government proposals are published

The Government has published nine headline proposals for corporate governance reform.