Reform of Companies House

The post below was first published on our Corporate notes blog: The Government has today 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 … Read more

Retained EU law – Bill will sunset the majority of retained EU Law

The post below was first published on our Corporate notes blog: — The Government has also laid the Retained EU Law (Revocation and Reform) Bill in Parliament today. In order to avoid leaving gaps in the UK legal system when the UK withdrew from the EU, the body of EU law in force at the end of 2020 was … Read more

Government response on audit and corporate governance reform consultation

The post below was first published on our Corporate blog The Department of Business, Energy and Industrial Strategy has published the response to its March 2021 consultation on audit and corporate governance reform, Restoring trust in audit and corporate governance (for further details, see our corporate update from March 2021). Most of the proposals contained … Read more

FCA consultation on restructuring the UK listing regime

The post below was first published on our Corporate blog. The Financial Conduct Authority (FCA) has published a discussion paper (DP22/2) in which it is seeking further views on the structure of the UK listing regime. In March 2021 the Government published the outcome of the Review of the UK listing regime undertaken by Lord … Read more

The UK’s LIBOR safe harbour legislation: a missed opportunity?

The post below was first published on our FSR and Corporate Crime blog. The Critical Benchmarks (References and Administrators’ Liability) Bill (Bill) was introduced to the UK Parliament and the first reading took place on 8 September 2021. The Bill introduces a legal ‘safe harbour’ within the primary legislative framework for the UK’s LIBOR legislative solution, the Financial … Read more

Building Safety Bill – Reforming the development landscape

The post below was first published on our Real Estate blog. As we outlined in our previous blog on the Building Safety Bill this significant piece of legislation will effect a wholesale change to the planning and construction regime for residential developments, with a focus on increased accountability for all of those involved in the … Read more

The UK Listing Review

The post below was first published on our Corporate Notes blog. 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 … Read more