April 2014

17 April 2014 Crowd Funding, Small Offers and the Takeovers Code Introduction Yesterday, the Takeovers Panel issued a press release reminding issuers of small offers of securities and licensed intermediaries offering crowd funding services under the FMC Act of the need to seek advice about the impact of the Takeovers Code – when taking advantage […]

1 April 2014 FMC Act – Phase 1 Implementation begins today Introduction Today heralds the beginning of Phase 1 implementation of the Financial Markets Conduct Act 2013 and the culmination of a series of changes affecting capital-raising that began with Rob Cameron’s Capital Market Developments Taskforce that was established in 2008. In addition, a number