STOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024 which included the removal of the premium and standard listing segments and the creation of a single listing category for equity shares in commercial companies. The commercial companies category is heavily disclosure-based and sits alongside other listing categories such as the shell companies, secondary listing and closed ended investment fund categories.  A new UK Listing Rules sourcebook came into force to implement the changes and the previous Listing Rules sourcebook was revoked. For further information see Practice Note: Reform of the UK listing regime—fundamentals. This Practice Note reflects the listing regime prior to 29 July 2024. This Practice Note focuses on the continuing obligations of an issuer of depositary receipts where the depositary receipts are listed on the standard segment of the Official List of the Financial Conduct Authority (FCA) and admitted to trading on the main market for listed securities (Main Market) of the London Stock Exchange (LSE). Depositary receipts

This Practice Note considers obligations regarding the disclosure and control of inside information under the UK Market Abuse Regulation (Assimilated Regulation (EU) 596/2014) as well as the guidance from the Financial Conduct Authority (FCA) set out in Chapter 2 of the Disclosure Guidance and Transparency Rules (DTR). Regulatory framework The EU Market Abuse Regulation took effect across the EU on 3 July 2016. Its stated goal was to establish a common regulatory framework on insider dealing, the unlawful disclosure of inside information and market manipulation (all forms of market abuse) as well as measures to prevent market abuse to ensure the integrity of financial markets in the EU and to enhance investor protection and confidence in those markets. At the end of the Brexit implementation period (11 pm UK time on 31 December 2020), the EU Market Abuse Regulation was onshored into UK law and amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019. Commission Implementing Regulation (EU) 2016/1055 laying down implementing technical standards with regard to the technical means for appropriate public

ARCHIVED: This Practice Note has been archived and is no longer maintained. It gives an overview of the financial reporting obligations of a listed company under the former Listing Rules in place prior to 29 July 2024 and the Disclosure Guidance and Transparency Rules (DTR). These obligations were in addition to a company's general legal obligations as regards accounts and reports in its home jurisdiction. A significant restructuring of the UK listing regime came into effect on 29 July 2024 which included the removal of the premium and standard listing segments and the creation of a single listing category for equity shares in commercial companies. A new UK Listing Rules sourcebook came into force to implement the changes and the previous Listing Rules sourcebook was revoked. For further information see Practice Note: Reform of the UK listing regime—fundamentals. This Practice Note reflects the listing regime prior to 29 July 2024. Legal framework An issuer is subject to continuing obligations with respect to financial reporting set out in: • Chapter 4 of the Disclosure Guidance and Transparency Rules

This Practice Note focuses on the disclosures required in respect of transactions by a person discharging managerial responsibility (PDMR) and persons closely associated with them (PCAs) as set out in the UK Market Abuse Regulation (Assimilated Regulation (EU) 596/2014) as well as looking at the guidance from the Financial Conduct Authority (FCA) in Chapter 3 of the Disclosure Guidance and Transparency Rules (DTR) and from the London Stock Exchange in relation to AIM companies. Regulatory background The EU Market Abuse Regulation took effect across the EU on 3 July 2016. Its stated goal was to establish a common regulatory framework on insider dealing, the unlawful disclosure of inside information and market manipulation (all forms of market abuse) as well as measures to prevent market abuse to ensure the integrity of financial markets in the EU and to enhance investor protection and confidence in those markets. At the end of the Brexit implementation period (11pm UK time on 31 December 2020), the EU Market Abuse Regulation

This Practice Note focuses on the notification obligations of holders of voting rights in an issuer in relation to shares admitted to trading on a UK regulated market or a prescribed market where their holdings reach, exceed or fall below a specific threshold as set out in DTR 5 of the Disclosure Guidance and Transparency Rules (DTR). It also looks at the related notification obligations on issuers of such shares under DTR 5. Interests in voting rights can be held by a person as a shareholder and/or through a direct or indirect holding of certain financial instruments. For details of the notification obligations relating to transactions by a person discharging managerial responsibilities, see Practice Note: Continuing obligations—transactions by a person discharging managerial responsibilities (UK Market Abuse Regulation and DTR 3). Summary DTR 5 sets out requirements for the disclosure of major voting rights arising from holdings of shares by investors. These requirements originally derive from provisions in the EU Transparency Directive as amended by the EU Transparency Directive Amending Directive. The

Practice Management analysis: What is the Solicitors Regulation Authority’s (SRA) new mandatory regime on continuing professional development (CPD) for solicitors? Nicola Jones, co-founder and director of Athena Professional and a learning for performance consultant, takes a look at the new rules and provides guidance on how firms can implement them into their practices.

Continuing trespass describes an unlawful interference with land, buildings or goods that is not merely momentary but persists over time, for example where a person remains on land after permission is withdrawn, or leaves an object or structure in place without consent. It is a descriptive common law expression recognised in case law rather than a defined statutory term, and is used broadly consistently across England and Wales, Scotland, Northern Ireland and Ireland (though Scottish law more often uses the language of “intrusion” or “encroachment”). Key legal features include: a single wrongful act that results in a state of affairs which continues (such as leaving a vehicle or fence on another’s land), or a failure to remove something once the duty to do so arises. Each day the trespass continues can give rise to a fresh cause of action, affecting limitation periods and the calculation of damages. In practice, continuing trespass is important in property litigation, boundary disputes, nuisance claims, commercial real estate, and injunction applications, where claimants seek ongoing remedies (such as mandatory injunctions or removal orders) rather than compensation for a one-off trespass.

This Practice Note examines the provisions of the Employment Rights Act 1996 (ERA 1996) in relation to continuity of employment. It sets out the purposes for which continuity of employment (length of service) is important (ie the right to bring claims and level of compensation), general principles of calculation, when the continuous employment period starts and ends, breaks in continuity (break in service), how the period of continuous employment is calculated, when continuity is not broken by a change in employer, weeks which count when there is a contract of employment, weeks which count when there is no contract of employment, the effect of sickness, injury or a temporary cessation of work, when there is an arrangement or custom preserving continuity, the effect of zero hours contracts, rules in relation to health service employers, the protection of redundancy payments for NHS and public authority employees, and the effect of illegality, and when a statutory redundancy payment breaks continuity. It also covers continuity rules in relation to overseas employment and redundancy, reinstatement after military service (military reservist) and

Continuity of employment is preserved, under section 212(3)(b) of the ERA 1996, if an employee is absent from work for a period 'on account of a temporary cessation of work'. According to a surprising judgment of the EAT, that includes the situation where an establishment closes permanently and an employee previously employed in that establishment is re-employed a short while later by an associated employer in an entirely different role elsewhere. EAT: Holt v EB Security (in liquidation).

The employee's period of continuous employment with his employer.

1 Executive summary 1.1 This report analyses why the firm loses 35% of new clients within the first two weeks of receiving instructions. The research was conducted in May and June 2026 and includes statistical data gathered from various sources. The research was conducted by a cross-party team of fee earners, personal assistants and support staff headed up by FLS (Conveyancing Partner). 1.2 The aim was to identify current bottlenecks in the process, what was causing them and how they could be fixed. 1.3 The main recommendations of the report are: 1.3.1 standardised email signatures for all employees, containing direct contact information; 1.3.2 a review of all standard letters currently sent to clients; 1.3.3 development of a standard script for personal assistants when speaking with new/potential clients; 1.3.4 a review of our current mobile phone provider and a potential move to a new provider. 1.4 The full details of these recommendations can be found below. Should the recommendations be accepted, initial roll-out can begin within two weeks. 2 What is the problem and what does it cost? The problem Delays at the start of new client process resulting in complaints and the loss of

Continuous Improvement tools and methods can help you fix processes that are no longer effective and allow you to review processes that currently appear to be working but could still be improved to deliver greater efficiencies and cost savings. This Checklist provides a guide on how to implement continuous improvement through the technique of process mapping. Process mapping is a visual representation of the work we do; getting an accurate picture of each step that is taken in a process allows us to be able to identify where quality issues can occur and areas where waste can be removed. Step 1—Identify the risks and benefits of the process • Identify the risks of not having a process • Identify the benefits of having a process Example—running