UK Securities Law Update Q3, 2010
By ukRonan O'Sullivan & Ross McNaughton
In this issue of our UK Securities Law update we discuss the Financial Services Authoritys latest guidance relating to reverse takeover disclosure obligations and guidance concerning break fees. We also discuss the Alternative Investment Markets latest newsletter, which contains guidance in relation to certain matters, including corporate governance. We look at NYSE Euronexts launch of a new market in London and finally we discuss the implications that the UK governments proposed abolition of the FSA might have for its role as the UK Listing Authority.
This briefing will be of interest to UK and overseas issuers with UK-listed securities, those contemplating UK listing of securities or investors in UK-listed securities.