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

UK corporate update: governance, equity capital markets and ESG—FRC review, FCA sanctions, Pre-Emption uptake, Scope 3 reporting, Companies House opening times, key dates and trackers (28 November 2024)

Published on: 28 November 2024

Published by a LexisNexis Corporate expert
Legal News
imgtext
Article summary

In this issue:

  • Corporate governance
  • Equity capital markets
  • Environmental, social and governance issues
  • Companies House
  • Daily and weekly news alerts
  • New and updated content
  • Dates for your diary
  • Trackers
  • Useful information

Corporate governance

FRC publishes 2024 Annual Review of Corporate Governance Reporting

The Financial Reporting Council (FRC) has issued its 2024 Annual Review of Corporate Governance Reporting, highlighting strong practice and pinpointing areas to enhance. The review offers timely insights as companies ready themselves for the revised UK Corporate Governance Code, effective January 2025. Although overall standards remain high, the FRC calls for more outcomes-led disclosures and clearer reporting on risk management and internal control frameworks. See: LNB News 26/11/2024 21.

Equity capital markets

Pre-Emption Group reports increased adoption of enhanced capital raising flexibility by UK companies

The Pre-Emption Group has published its second annual monitoring report, showing broader use of its 2022 Statement of Principles on disapplying pre-emption rights. Covering AGMs from August 2023 to July 2024, the analysis records that 67.1% of FTSE 350 companies sought enhanced disapplication authority, up from 55.7% in the previous year...

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