Corporate Notes

Market abuse – amendments to EU MAR

Amendments to the EU Market Abuse Regulation (EU MAR), made by the EU Listing Act (2024/2809), take effect on 5 June 2026. The amendments relate to when …

Listing regime – company fined for breaches of Listing Rules

The FCA has fined John Wood Group £12.9 million for breaches of the Listing Rules. The FCA said that between January 2023 and November 2024, the company …

Listing regime and market abuse – CEO fined and company censured for breaches of the listing rules

The FCA has published final notices for Carillion and its former CEO for breaches of the Listing Rules and the UK Market Abuse Regulation (MAR). The …

Market abuse – two individuals fined for insider dealing

The FCA has fined two individuals for insider dealing – Mr Hirani, who was fined £56,000, and Mr Kerai, who was fined £52,731. Article 14 of the UK …

Market abuse – consultant fined for insider dealing

The FCA has fined Russel Gerrity, an oil rig consultant, £309,843 for insider dealing in breach of Article 14 of the UK Market Abuse Regulation (UK MAR). …

Listing regime – FCA’s new Enforcement Watch newsletter

The FCA has published the first edition of a new newsletter, Enforcement Watch 1, which covers insights and themes from its enforcement work. The …

Insider dealing – FCA fines ex-employee of AIM listed company

The FCA has issued a final notice to Neil Dwane, formerly a capital markets adviser in the investor relations team at ITM Power Plc, an AIM listed …

Listing regime – FCA approach to enforcement

The Financial Conduct Authority (FCA) has published a policy statement (PS 25/5) following its consultation on whether it should publicise its …

UK Public M&A Consolidated Update

Disclosure of inside information – FCA Primary Market Bulletin on leaking inside information during M&A

The Financial Conduct Authority (FCA) has published a Primary Market Bulletin (PMB 54) which focuses on strategic leaks on M&A transactions and the fact …

Disclosure of inside information – FCA Primary Market Bulletin

The Financial Conduct Authority (FCA) has published a Primary Market Bulletin (PMB 52) on inside information. It covers: identifying and disclosing …

Listing regime – FCA’s latest proposals for transparency around enforcement decisions

The FCA has published a further consultation paper (CP24/2, Part 2) on its proposals to increase transparency around enforcement and investigations.