Member States will have two years to put the AIFM Directive’s provisions into national law
31 May 2011
Private equity and hedge funds: EU formally adopts the Alternative Investment Fund Managers Directive
27 May 2011
The FRC Stewardship Code: Report on investor adherence
IMA survey on commitment to the Stewardship Code contains accounts of how investors engaged with high-profile companies on governance questions
26 May 2011
NASDAQ to launch new listing market for smaller companies
The new BX Venture Market is targeted at early stage and smaller companies and aims to start operating in the final quarter of 2011
25 May 2011
FSA gets a final injunction to prevent an individual committing market abuse
First time a High Court injunction has been obtained to stop market abuse
25 May 2011
The Green Investment Bank: Timetable and detail announced
Bank’s goal will be to stimulate private sector investment in the green economy
24 May 2011
Quoted company trade associations publish European corporate governance guidelines
New guidelines for small and mid-cap listed companies aim to influence the corporate governance debate following the European Commission’s green paper
23 May 2011
Defra consultation on mandatory company reporting of greenhouse gas emissions
Will more environmental disclosures have to be made in the directors’ report?
22 May 2011
Best practice guidance for issuers when raising equity capital
Institutional Investor Committee publication follows concern about companies’ costs of raising capital and the fees paid to advisers and underwriters
20 May 2011
If you want to exclude liability for misrepresentation, state that clearly
Latest Court of Appeal case on entire agreement clauses
20 May 2011
The future of prudential regulation: Banking supervision
The Bank of England and the Financial Services Authority set out the Prudential Regulation Authority’s approach to bank regulation
19 May 2011
Business Growth Fund launches today
A new £2.5 billion equity investment fund backed by five UK banks
18 May 2011
Promoting the UK Legal Services Sector: Government Plan for Growth
Ministry of Justice and UK Trade & Investment strategy to promote Britain as a centre of legal excellence in legal arbitration and commercial law services
17 May 2011
OFT provisionally decides that the audit market passes test for referral to Competition Commission
Office of Fair Trading decision follows House of Lords Economic Affairs Committee report on the audit market
16 May 2011
Industrial and Provident Societies: A corporate vehicle for community investment
An IPS can raise capital whilst being exempt from the authorised persons and financial promotions regimes
13 May 2011
A European Contract Law? Expert Group produces feasibility study
Suggested text provides a draft set of EU-wide contract law rules
12 May 2011
ICSA guidance note on joining the right board
Due diligence questions to help a prospective director assess a company
12 May 2011
The spaghetti approach: Incoming head of the FCA on regulators’ efforts since the financial crisis
Speech on “rethinking investor protection” by Martin Wheatley
11 May 2011
FRC inquiry into going concern and liquidity risk: Call for evidence launched
Identifying lessons for companies and auditors who are addressing going concern and liquidity risks, and improving the existing reporting regime
11 May 2011
Kalahari Minerals, takeover offers and reserving the right to make an offer at a lower price
Takeover Panel rules that no reduction in price is allowed even after Fukushima nuclear disaster changes the economics of the deal
10 May 2011
Government confirms timetable for reform of UK financial regulation
The Financial Services and Markets Act 2000 will be amended, not repealed
9 May 2011
Takeover Panel acts on the new put up or shut up regime
Lookers plc ruling anticipates the introduction of the 28 day period in which a potential offeror must make an offer
5 May 2011
Financial Reporting Council consults on boardroom diversity
Consultation follows the Davies review of women on boards
5 May 2011
Share buy-backs: Can the contract inspection requirement be waived under the Duomatic principle?
Inspection provision is for the protection of shareholders and can be waived by the informal, unanimous agreement of those shareholders entitled to vote
4 May 2011
The future of legal services: Two useful sites
The introduction of alternative business structures prompts more thinking about how legal services are delivered
2 May 2011
CLLS Regulatory Law Committee responds to Government’s proposals on the reform of UK financial regulation
Proposals on enforcement “controversial and objectionable”
