Posted from Corporate Law and Governance 1 day 3 minutes ago
Corporate Law : General
A day earlier than expected, and in response to an Urgent Question in Parliament, the Secretary of State for Business, Innovation and Skills today set out the Government's proposals regarding executive pay. Speaking in the House of Commons, the Secretary of State outlined measures concerning disclos... (original story)
Posted from Corporate Law and Governance 1 day 8 minutes ago
Corporate Law : General
The Financial Services Authority has published for consultation proposed amendments to the Listing Rules, Prospectus Rules, and the Disclosure Rules and Transparency Rules: see here (pdf). The FSA is also seeking views on the nature of the premium listing standard more generally and whether cha... (original story)
Posted from Corporate Law and Governance 1 day 9 minutes ago
Corporate Law : General
Martin Wheatley, the chief executive designate of the new Financial Conduct Authority, spoke today at the British Bankers' Association about his vision for the FCA: see here. Briefly put, Mr Wheatley said that "getting a fair deal for consumers" would be at the heart of the FCA's work and noted that... (original story)
Posted from Corporate Law and Governance 1 day 10 minutes ago
Corporate Law : General
The debate about the accountability of the Bank of England within the new financial regulatory framework continued today with the publication by the Treasury Committee of a report - see here - regarding the suggestion last week from the Court of the Bank of England that an O... (original story)
Posted from Corporate Law and Governance 1 day 11 minutes ago
Corporate Law : General
As part of the UK's implementation of the AIFM Directive, the Financial Services Authority has published a discussion paper setting out provisional thoughts with regard to the approach that it will adopt: see here (pdf). (original story)
Posted from Corporate Law and Governance 1 day 4 hours ago
Corporate Law : General
Mr Justice Newey gave judgment earlier this week in GHLM Trading Ltd v Maroo [2012] EWHC 61 (Ch). Amongst the matters for consideration was a claim that a sale of stock by directors to another company shortly before they were removed as directors involved a breach of duty. The decision is interestin... (original story)
Posted from Bankruptcy Info 5 days ago
Financial planning at the start of the year need only take a few hours, but the benefits could last well into the New Year. A budget that indicates every financial obligation for the year ahead can really help you to prepare your finances in advance. A big financial obligation many people deal wit... (original story)
Posted from Corporate Law and Governance 5 days ago
Corporate Law : General
In Secretary of State for Business, Enterprise and Regulatory Reform v UK Bankruptcy Ltd [2010] CSIH 80, 2011 SC 115, it was held that in Scotland a company could not be represented in proceedings by anyone other than an advocate or solicitor possessing a right of audience. This rule has been c... (original story)
Posted from Corporate Law and Governance 5 days ago
Corporate Law : General
In a speech delivered earlier today, the Prime Minister stated that the Government would seek to consolidate the legislation concerning co-operatives and mutuals during the current session of Parliament: see here. (original story)
Posted from Corporate Law and Governance 5 days ago
Corporate Law : General
In 2010 the Takeover Panel Code Committee conducted a review of certain aspects of the regulation of takeovers (here, pdf). One of the questions posed by the Code Committee in its review was whether shares acquired during the course of an offer period should be disenfranchised. In its response to th... (original story)