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Is your company now subject to the UK Takeover Code

Squire Sanders
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United Kingdom
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May 17 2013

The revised Code will now apply to all companies traded on AIM with registered offices in the United Kingdom, the Channel Islands or the Isle of Man

The QCA publishes a revised edition of its corporate governance code for small and mid-size quoted companies

Squire Sanders
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United Kingdom
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May 21 2013

On 1 May 2013, the Quoted Companies Alliance ("the QCA") published its revised Corporate Governance Code for Small and Mid-Size Quoted Companies

Corporate governance: auditing standards: the FRC publishes revised standards to improve auditor communication and extend auditor reporting

Squire Sanders
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United Kingdom
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October 22 2012

Following its recent consultation, the Financial Reporting Council (‘FRC’) has published (on 28 September 2012) revised International Standards on Auditing (UK and Ireland), effective for audits of financial statements for periods beginning on or after 1 October 2012

UKLA helpdesk: guidance on the new arrangements effective 1 October 2012

Squire Sanders
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United Kingdom
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September 25 2012

As previously reported, the United Kingdom Listing Authority (‘UKLA’) will, as from 30 September 2012, only accept requests for guidance by telephone in cases of exceptional urgency or from a sponsor in connection with sponsor services

Corporate governance: equity capital markets: the government responds to the Kay Review of UK Equity Markets and Long-Term Decision Making

Squire Sanders
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United Kingdom
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November 30 2012

On 22 November 2012, the Government issued its response to the findings of the Kay Review of UK Equity Markets and Long-Term Decision Making (‘the Kay Review’

Corporate reporting: narrative reporting: the government consults on proposals to focus reporting on transparency: new disclosure requirements for quoted companies

Squire Sanders
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United Kingdom
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November 30 2012

The Government has published for consultation draft legislation to amend the Companies Act 2006 with the aim of making corporate reporting more transparent

The FSA has imposed its first fine for breaches of the Listing Rules and listing principles relating to compliance with the Model Code in a case which shows the lengths to which companies must now go to ensure compliance

Squire Sanders
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United Kingdom
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March 31 2013

The Financial Services Authority ('FSA') has issued a Final Notice (dated 14 February 2013) fining Nestor Healthcare Group Limited ('Nestor') the sum

Annual report: directors’ report: reporting of greenhouse gas emissions

Squire Sanders Hammonds
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United Kingdom
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June 21 2011

The Climate Change Act 2008 requires the Government to introduce regulations by 6 April 2012 specifying the information about greenhouse gas emissions to be included in the directors’ report

Financial reporting: FRC panel consultation on going concern and liquidity risks

Squire Sanders
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United Kingdom
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December 13 2011

The Sharman Panel, set up by the Financial Reporting Council (‘FRC’) in March this year, has now published for consultation a preliminary report and recommendations on improvements to the reporting of going concern and liquidity risks

Financial reporting: the government consults on audit exemptions (including exemptions for subsidiary companies) and change of accounting framework

Squire Sanders
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United Kingdom
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December 13 2011

In October this year, the Department for Business Innovation and Skills (‘BIS’) launched a consultation on audit exemptions and change of accounting framework

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