Corporate Notes

Listing Rules – latest FCA guidance in Primary Market Bulletin 51

The Financial Conduct Authority (FCA) has published Primary Market Bulletin 51 (PMB 51), which provides feedback to its consultation on the first set of …

Corporate reporting – FRC publishes annual review of corporate reporting

The Financial Reporting Council (FRC) has published its annual review of corporate reporting, setting out the findings of its corporate reporting review …

Dividends – 2025 Dividend Procedure Timetable published by LSE

The London Stock Exchange (LSE) has published its Dividend Procedure Timetable for 2025.

Directors’ duties – former directors liable to pay £110 million for misfeasance

The High Court has ordered two former directors of British Home Stores (BHS) to pay compensation of £110 million in respect of misfeasance claims brought …

Payment practices reporting – updated guidance and announcement of new measures

The Government has published updated guidance on the requirement for large UK companies and LLPs to report on their payment practices, policies and …

Listing regime – FCA consultation on changes to the NSM

The FCA has published a consultation paper (CP24/17) on enhancing the National Storage Mechanism (NSM).

Corporate governance – second review of reporting against Wates Principles

The Financial Reporting Council (FRC) has published its second review of the application of the Wates Corporate Governance Principles by large private …

Corporate reporting – the future of digital reporting

The FRC has published a discussion paper on the opportunities for the future of digital reporting. Responses to the paper will help inform the workplans …

Corporate reporting – draft updated going concern guidance

The FRC has published an exposure draft of its updated Guidance on the Going Concern Basis of Accounting and Related Reporting (including Solvency and …

The FCA proposes climate-related disclosures for equity prospectuses

Public M&A – compensation order and cold-shoulder rulings for breaches of Takeover Code

The Takeover Panel and Takeover Appeal Board have issued a ruling pursuant to which 3 individuals have been ordered to pay compensation of up to £32.5 …

Insight alert: FCA consultation on prospectus regime