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Legal Briefing
Corporate briefing: Key changes to the UK Listing Regime
Practice Area: Derivatives
Sector: Business services
Jurisdiction: England & Wales
Published: 12 May 2010
Law Firm: Latham & Watkins
Overview
In 2007, the UK Financial Services Authority (FSA) entered into a consultation exercise with market participants to address a perceived lack of clarity in the categorisation of securities listed on the official list of the UK Listing Authority.
Then, in February 2010, the FSA published its new policy and a set of modified rules, which, among other things, introduced changes to the continuing obligations regime applicable to overseas (non-UK) companies that are the issuers of equity shares represented by certificates (GDRs) listed on the Official List (GDR Issuers).
This report by Latham & Watkins provides an in-depth analysis of the new rules. Click to read more.
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