The future of retained EU law in the UK

The Government has announced plans to pass a Brexit-related bill to make it easier to amend or repeal “retained EU law”, and end the special status of historic EU law in the UK. It has also launched a call for evidence as part of its review of retained EU law. In order to avoid leaving … Read more

The UK Listing Review

The government has published the outcome of the Review of the UK listing regime undertaken by Lord Hill. The Review, which was launched in November 2020, was set up to look at possible reforms to the UK listing regime that would attract the most innovative and successful firms and help companies access the finance they need … Read more

Consolidated corporate update July to December 2020

We have published our half-yearly update briefing which summarises the major developments in UK corporate law and regulation that have occurred over the last six months, that is from July to December 2020, and which are of relevance to UK listed companies. The briefing is available here. Read more

Special edition of the Primary Market Bulletin on Brexit

The Financial Conduct Authority (FCA) has published a special Primary Market Bulletin No.32 on Brexit to remind issuers and investors of the changes to the listing regime that will take effect at the end of the transition period on 31 December 2020. Issuers will need to ensure that their internal policies and procedures are updated to reflect … Read more

LPDT rules post-Brexit

The Financial Conduct Authority (FCA) has published a Handbook Notice on the changes to the Listing Rules, the Disclosure Guidance and Transparency Rules, and the Prospectus Regulation Rules (and other parts of the FCA Handbook) that will take effect when the transition period for the UK’s exit from the EU ends on 31 December 2020. The Notice … Read more

Enforcement of judgments after the end of the Brexit transition period

The European Commission has published a Notice to Stakeholders setting out the rules that it considers will apply in the field of civil and private international law once the Brexit transition period comes to an end on 31 December 2020 (assuming no other agreement is reached). At the end of the Brexit transition period, the … Read more

FCA to delay implementation of European Single Electronic Format for annual reports

The Financial Conduct Authority (FCA) has published a consultation paper (CP20/12) in which it proposes to delay the introduction of the European Single Electronic Format (ESEF) requirements for annual reports in the UK. Under the amended EU Transparency Directive, annual financial reports of companies which have securities listed on an EU regulated market must be … Read more