Powered by Lexis+®
Jurisdiction(s):
United Kingdom

UK corporate and capital markets weekly: dematerialisation taskforce, FSMA 2023 prospectus reforms, POATRs transitions, EU ESG omnibus, director disqualification, FCA and ECCTA deadlines — 16 October 2025

Published on: 16 October 2025

Published by a LexisNexis Corporate expert
Legal News
imgtext
Article summary

In this issue:

  • Members
  • Equity capital markets
  • Environmental, social and governance issues
  • Directors and company secretaries
  • Daily and weekly news alerts
  • New and updated content
  • Dates for your diary
  • Trackers
  • Useful information

Members

HM Treasury establishes Dematerialisation Market Action Taskforce to reform UK shareholding framework

HM Treasury (HMT) has set up the Dematerialisation Market Action Taskforce (DEMAT), led by Mark Austin CBE, to drive changes to the UK shareholding model, acting on the Digitisation Taskforce’s final report of 15 July 2025. HMT has endorsed a three-step plan to abolish paper share certificates for listed companies and move to a wholly intermediated ownership model. Step 1 will swap certificated registers for digitised registers by the end of 2027. Step 2 will enhance the intermediated framework during the present Parliamentary term, and Step 3 will migrate all holdings from digitised registers into the intermediated model. DEMAT must report by summer 2026 with a proposed go-live date for Step 1 and an implementation roadmap, while engaging market stakeholders to ready Steps 2 and 3. HMT has also released DEMAT’s terms of reference, outlining its aims and governance...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow