Equity capital markets—glossary of terms
Equity capital markets—glossary of terms

The following Corporate guidance note provides comprehensive and up to date legal information covering:

  • Equity capital markets—glossary of terms
  • Brexit impact
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • more

Brexit impact

The operation of the UK listing and prospectus regime may be affected by Brexit. In particular for the purposes of this note, changes to reflect the UK’s position as a standalone regulatory regime outside the single market for financial services in a no deal scenario.

For further details see Practice Note: Brexit—UK listing and prospectus regime.

A

ABI See Association of British Insurers.
Accounting Directive The EU Accounting Directive (2013/34/EU) of 26 June 2013 (amending Directive 2006/43/EC and repealing Council Directives 78/660/EEC and 83/349/EEC) setting out a new regime for the form and content of annual financial statements.
The UK implemented Chapters 1–9 of the Accounting Directive through the Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015. Companies will be required to apply the new financial reporting framework for financial years commencing on or after 1 January 2016.
The Accounting Directive has been amended by Directive 2014/95/EU as regards disclosure of non-financial and diversity information by certain large undertakings and groups.
Accounting Reference Date (ARD) A company's accounting reference period (ARP) is determined by reference to its accounting reference date: it