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General Counsel Barometer reveals major expansion of legal operations in Europe

The General Counsel Barometer 2019, published with The Lawyer, shows that GCs are expected to play a more strategic role in their organisations, a trend that has increased since it was reported in the General Counsel Barometer 2017. The study explores how the role of a GC has changed to adapt to the evolving complexities […]

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High Court analyses compensation order regime under the CDDA accounting

The compensation order regime Compensation orders aim to make directors financially accountable for the consequences of their unfit conduct. They were introduced in October 2015 by the Small Business, Enterprise and Employment Act 2015 which amended the Company Directors Disqualification Act 1986 (CDDA). Under the new regime, the Insolvency Service can apply to court (on […]

FINMA approves SIX and BX as Prospectus Offices

Market Supervisory Authority (FINMA) has approved SIX Exchange Regulation AG and BX Swiss AG to act as Prospectus Offices as from June 1st, 2020. Their appointment represents a major step in the implementation of the new Swiss prospectus regime. As a consequence, the new Swiss prospectus requirements will be mandatory and offering as well as listing prospectuses will generally require approval by one of the Prospectus Offices as from December 1st, 2020. This newsletter outlines the regulatory implications and proceedings of the new statutory prospectus review.

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