On July 25, the Financial Services Authority published issue 16 of its List! newsletter. The latest issue includes feedback on (i) common issues with prospectuses, (ii) the application of the convertible bond exemption in the Prospectus Directive, (iii) retail debt cascades, (iv) summary content requirements for a prospectus, (v) debt issuance programs, (vi) comfort letters for schemes of arrangement, and (vii) issues with references to the Companies Act.

http://www.fsa.gov.uk/pubs/ukla/list_jul07.pdf