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This week’s edition of Corporate highlights includes details of a NEX Exchange consultation setting out proposed changes to the NEX Exchange Growth Market Rules for Issuers and details of a BEIS consultation on Corporate Transparency and Registration Reform which seeks 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.
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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.
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 f
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