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The UK Takeover Code - 12 months on from the overhaul

United Kingdom - September 18 2012 On 19 September 2011 (the "Implementation Date") the City Code on Takeovers & Mergers (the "Takeover Code") underwent the most significant overhaul of recent times in the wake of the controversy around Kraft Foods’ takeover of Cadbury the previous year.

Edward Dawes, Giles Distin, Jane Haxby.

Financial reporting: importance of ‘true and fair view’ re-iterated by the financial reporting council

United Kingdom - October 4 2011 The Accounting Standards Board and the Auditing Practices Board of the Financial Reporting Council published a paper, ‘True and Fair’, on 21 July 2011 confirming that the’ true and fair’ requirement set out in section 393 of the Companies Act 20063 remains of fundamental importance in both UK GAAP and IFRS.

Giles Distin, Jane Haxby, Christian Lowis.

Companies House: registration of charges created by companies and limited liability partnerships: system to be reformed

United Kingdom - January 17 2011 Following a consultation by the Department for Business, Innovation and Skills (BIS), the Government announced on 8 December 2010 that it intends to change the current regime for the registration at Companies House of charges created by companies and limited liability partnerships.

Giles Distin, Jane Haxby, Christian Lowis.

The ‘employee shareholder’: a new employment status has been introduced with effect from 1 September 2013

United Kingdom - September 17 2013 A new employment status - that of 'employee shareholder' - was introduced on 1 September 2013 by The Growth and Infrastructure Act 2013. Although it…

Edward Dawes, Giles Distin, Jane Haxby.

UK financial services regulation: up-date on the progress of the government’s reforms

United Kingdom - February 18 2013 In June 2010, in the wake of the financial crisis of 2007/2008, the Government announced its plans to abolish the Financial Services Authority (‘FSA’)…

Edward Dawes, Giles Distin, Jane Haxby.