NEX Exchange consults on changes to its Growth Market rules

NEX Exchange has published a consultation paper setting out proposed changes to the NEX Exchange Growth Market Rules for Issuers (Rules). The consultation period ends on 31 May 2019. The main reason for the consultation is to reflect the changes being brought in by the Prospectus Regulation (EU) 2017/1129 in July 2019, introducing the new EU growth prospectus for certain issues by small and medium-sized enterprises (SMEs). The EU growth prospectus will have a standardised format and allow reduced disclosure requirements.

For further information, see: LNB News 02/05/2019 35.

BEIS consults on proposals to improve transparency in companies and to provide greater protection against fraud

The Department for Business, Energy and Industrial Strategy (BEIS) has published a consultation paper—Corporate Transparency and Registration Reform. The reforms seek to address the misuse of UK registered entities by criminals and corrupt elites and include enhanced disclosure requirements for directors, shareholders and persons filing information with Companies House. The consultation, which closes on 5 August 2019, is organised into four key areas: (a) knowing who is setting up, managing and controlling corporate entities, (b) improving the accuracy and usability of data on the Companies Register, (c) protecting personal information and (d) ensuring compliance, sharing intelligence and certain other measures.

For further information, see: LNB News 07/05/2019 2.

New Brexit toolkit

Lexis®PSL has released a complete redesign of the Brexit toolkit, which includes a refreshed homepage, revised Practice Area sections and a link to our new SI summaries page.

Our Brexit toolkit provides easy access to a wide range of Brexit content, making it quicker and easier for you to find the information you need.

The Brexit toolkit can be accessed here or from your Practice Area home page.