The defendants in the Blue Index insider dealing case have been sentenced.
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25 June 2012
Woman goes to prison for insider dealing, despite having young children
25 June 2012
Defra to require quoted companies to report on greenhouse gas emissions in annual report
Defra announced on 20 June 2012 that it intends to require quoted companies* to report their greenhouse gas emissions in the directors’ report of their annual report, and will consult on the contents of secondary legislation to implement that policy. The announcement follows a prior consultation to decide how to proceed with the requirements of section 85 of the Climate Change Act 2008.
*See section 385 Companies Act 2006
UPDATE 25 July 2012: The Defra consultation has now been published and is here.
25 June 2012
ESMA publishes new version of its “Questions and Answers” on the prospectus regime
The European Securities and Markets Authority has published the 14th version of its “Question and Answers” on prospectuses. (This was originally produced by CESR, the forerunner to ESMA.)
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25 June 2012
Amending the prospectus regime: Amendments to FSA Handbook published
The changes to be made to the FSA Handbook as part of the UK implementation of the EU Amending Directive have been published. The changes relate principally to the Prospectus Rules and to the Disclosure Rules and Transparency Rules and will come into force on 1 July 2012.
The EU Amending Directive amends the prospectus regime established by the 2003 EU Prospectus Directive. We discuss the Amending Directive and its UK implementation in this post.
