Capital Markets Practice: News Round-Up

    View Authors October 2013

    Welcome to the latest in our series of regular alerts containing a round‑up of news from our capital markets practice. Among other things, we bring you news of recent developments in the field of corporate governance.

    This issue includes:

    • Takeover Code: changes to Practice Statement No. 1 to improve the disclosure of material changes in information took effect on 30 September 2013
    • The UK Listing Authority: the Financial Conduct Authority has published details of how the new UK financial regulatory regime introduced in April 2013 has affected the work of the UK Listing Authority
    • Companies House: the public disclosure of subsidiaries by FTSE 350 companies is to be closely monitored by Companies House on an on-going basis as part of the Government’s drive for greater transparency
    • Corporate governance: executive pay: the FRC has launched a consultation on possible changes to the UK Corporate Governance Code in light of the new regime for the remuneration of directors of quoted companies
    • Corporate governance: analysis of the 2013 AGM season published by NAPF ahead of the publication of its Corporate Governance Policy & Voting Guidelines in November this year
    • Corporate governance: Women on boards: the Government announces a review into the operation of the Voluntary Code of Conduct for Executive Search Firms as part of its bid to ensure greater female representation in the top positions of FTSE 350 companies