Commentary

Introduction to Continuing Obligations

Part IX Quoted Companies
| Commentary

Introduction to Continuing Obligations

| Commentary

Introduction to Continuing Obligations

The continuing obligations on quoted companies arise largely from four sources:

  1.  

    (1)     European Regulations and Directives outlined in Chapter 38, in particular, the Prospectus Regulation,1 Arts 17 to 19 of the Market Abuse Regulation,2 the Transparency Directive3 and the remaining parts of the Consolidated Admissions and Reporting Directive,4 all of which are retained EU legislation, albeit with some amendments.

  2.  

    (2)     Part 6 of the FSMA 2000;5 together with

  3.  

    (3)     the Financial Conduct Authority (FCA) (in its capacity as the UK Listing Authority ('UKLA')) and its Handbook, particularly the prospectus regulation rules ('PRRs'), disclosure guidance and transparency rules ('DTRs') and listing rules ('LRs')

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