Publication
Horizon Scanning: Investigations and Enforcement
In this horizon scan, we focus on key developments affecting companies operating in the UK, including in light of the recent change in UK government.
Global | Publication | February 19, 2016
Welcome to Essential Corporate News, our weekly news service covering the latest developments in the UK corporate world.
On February 15, 2016, the UK Takeover Panel published Consultation Paper 2016/1 (the Consultation) setting out various proposed changes to the UK Takeover Code in relation to the communication and distribution of information during an offer. Areas covered include:
The Consultation closes on April 15, 2016. Click here to access our full briefing on the key changes proposed and some of the practical implications for companies and their advisers if these are implemented in the form set out in the Consultation.
On February 16, 2016, the Department for Business, Innovation and Skills (BIS) published a consultation paper on the regulatory changes necessary to implement Directive 2014/95/EU amending the Accounting Directive as regards disclosure of non-financial and diversity information into the UK reporting framework (the NFR Directive). The NFR Directive will apply to large undertakings that are public interest entities (broadly, listed companies, banks and building societies, and insurance undertakings) with an average of 500 employees or more over the financial year of the entity. The provisions of the NFR Directive need to be implemented into UK law by December 6, 2016 and will apply to reporting years beginning on or after January 1, 2017. As a result, BIS is particularly seeking responses to the following:
Responses to the consultation are requested by April 15, 2016.
Publication
In this horizon scan, we focus on key developments affecting companies operating in the UK, including in light of the recent change in UK government.
Publication
On 3 September 2024, the ECJ delivered its judgment in Illumina’s appeal against the General Court’s (GC) judgment confirming the European Commission’s (EC) powers to review concentrations under the EU Merger Regulation (EUMR) in circumstances where no Member State has jurisdiction under national law.
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