We have released the latest episode in our ‘on the horizon’ podcast series, in which we discuss the more material developments that we expect to see in the next 6-12 months that will be of interest to listed companies. You can listen to the podcast here. Read more

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 2022, and which are of relevance to UK listed companies. The briefing is available here. Read more

A key focus for many UK listed companies at this time of year is finalising their annual report and preparing for their annual general meeting. This snapshot considers developments and issues arising in practice over the last 12 months which impact on the 2022 annual report and the AGM in 2023. The most significant development for companies … Read more

The Department for Business, Energy and Industrial Strategy has published updated guidance for the registration and verification of information on the register of overseas entities under the Economic Crime Act 2022 (ECA). The new register of overseas entities owning UK property, introduced by the ECA and operated by Companies House, came into effect on 1 August 2022. The ECA … Read more

The Pre-Emption Group (PEG) has published a revised Statement of Principles for the disapplication of pre-emption rights, along with new template resolutions. PEG is the group that represents listed companies, investors and intermediaries, and issues best practice guidance and documents for companies’ annual resolutions to disapply pre-emption rights. The revised Principles implement one of the recommendations of … Read more

Regulations have been made commencing the remaining provisions of the Economic Crime (Transparency and Enforcement) Act 2022 (ECA) relating to the new register of overseas entities owning UK property. The new register of overseas entities owning UK property, introduced by the ECA and operated by Companies House, came into effect on 1 August 2022. The ECA requires overseas entities that … Read more

The Supreme Court has published its long-awaited judgment in BTI 2014 LLC v Sequana SA and others ([2022] UKSC 25) which discusses when directors of a company in financial difficulties should consider the interests of the company’s creditors. The majority in the Supreme Court has: affirmed the existence of the duty to consider the interests of creditors; … Read more

The Government has laid the Economic Crime and Corporate Transparency Bill (ECCT Bill) in Parliament which contains, among other things, draft amendments to the Companies Act 2006 to facilitate the reform of Companies House. The ECCT Bill follows an initial consultation in 2019, three follow-up consultations in 2020 and the white paper containing the Government’s … Read more