UK Corporate Update - May 2016
MAR: FCA publishes rule changes
The Financial Conduct Authority has published changes to its handbook which confirm how UK listed companies will be expected to comply with the new EU Market Abuse Regulation from July.
MAR: changes to AIM Rules
Amendments to the AIM Rules for Companies are now open for consultation.
AIM companies prepare for MAR
The London Stock Exchange has published an edition of Inside AIM to support nominated advisers who are preparing their clients for the implementation of the Market Abuse Regulation.
FCA proposes changes to the IPO process
The FCA has published a Discussion Paper on IPO process reform as part of its investment banking market review.
UKLA procedural and technical notes to be amended
In Primary Market Bulletin 13 the UKLA proposes amendments to certain procedural and technical notes.
PRA tells boards of financial institutions how to avoid failure
The Prudential Regulation Authority has published its final supervisory statement on the collective responsibilities shared by board members.
The European Securities and Markets Authority has published an updated version of its prospectus Q&As.
Directors details and registered offices – new regulations in force
Two sets of regulations, made under the Small Business Enterprise and Employment Act 2015 came into force on 6 April.
EU Referendum: guidance on referendum expenditure
The Electoral Commission and the Government have published guidance for organisations on whether spending on common activities counts as “referendum expenditure”.
Smaller related party transactions- change to Technical note
The FCA is consulting on proposed changes to Technical Note 308.2, Related party transactions – Modified requirements for smaller related party transactions.
FRC confirms changes to role and composition of audit committees to reflect EU audit law
The FRC has published revised versions of the UK Corporate Governance Code and its Guidance on Audit Committees.Download entire issue (as pdf)