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 f