UK Takeover Panel tightens up code jurisdiction for AIM companies
Following its consultation last year on companies subject to the City Code on Takeovers and Mergers, the Takeover Panel has decided to bring all offers for UK-registered AIM companies within the jurisdiction of the code. The new rules will take effect from 30 September 2013. AIM companies that are not registered in the UK remain outside of the code’s jurisdiction.
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For the tax year from 6 April 2014, the standard lifetime allowance has reduced from £1.5m to £1.25m.
One of the areas highlighted last year by the Regulator was the regulation of workplace DC pension schemes.
Analysis from The Lawyer
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