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GLOSSARY
A listing of equity shares of a commercial company on the premium listing segment of the Main Market. A premium listed commercial company must comply with the requirements of LR 2 (Requirements for listing: all securities) and LR 6 (Additional requirements for premium listing (commercial company)) when applying to be listed.
GLOSSARY
A listing of equity shares of a closed-ended investment fund or of an open-ended investment company on the premium listing segment of the Main Market. A premium listed investment company must comply with the requirements of LR 2 (Requirements for listing: all securities) and LR 15 (Closed-Ended Investment Funds: Premium listing) or LR 16 (Open-Ended Investment Companies: Premium listing) (as appropriate) when applying to be listed.
GLOSSARY
A segment of the Main Market which is subject to higher standards of regulation and governance and is part of the FCA’s Official List.
GLOSSARY
Services, including recorded information and live conversation, run by independent service providers. All calls to these companies are charged at a higher rate than ordinary calls to cover the companies' costs in providing the content of the call and the communications provider's cost for the special network facilities needed.
PRACTICE NOTES
This Practice Note contains practical guidance on the regulation of premium rate services (PRS) in the UK. This is primarily derived from the Regulation of Premium Rate Services Order 2024 (PRS Order), SI 2024/1046. Information, entertainment and similar services provided over electronic communications networks for a fee which is collected as part of a user’s telephone bill are classed as PRS and certain PRS are regulated by Ofcom. What are PRS? The term PRS is defined in section 120(8) of the Communications Act 2003 (CA 2003) and means an interactive service for which there is a charge levied on a customer’s mobile or landline telephone bill. The services themselves might be accessed via a number of communication methods, including SMS text, digital television, or via voice calls over the phone, and typical examples include making a charity donation by text or phoning a chatline service. Certain PRS are known as a ‘controlled PRS’ (CPRS). CPRS are regulated by Ofcom and they are defined in PRS Order, art 3. A CPRS is a PRS that is: • accessed
PRACTICE NOTES
ARCHIVED: This has been archived and is not maintained. This Practice Note sets out the legal framework for regulating premium rate services (PRS) in the UK, including guidance on the 15th Code of Practice (the Code) which was issued by the Phone-paid Services Authority (PSA) when it was regulator of the PRS industry. Information, entertainment and similar services provided over electronic communications networks (ECNs) for a fee collected as part of the user’s bill for electronic communications services (ECSs) are classed as PRS and regulated by the Ofcom and also previously the PSA. Until February 2025, PRS were regulated by the PSA as agents of Ofcom, and the regulatory principles were contained in the Code. However, following a market review, Ofcom transferred the regulation of PRS from the PSA to itself. The Code has been replaced by the Regulation of Premium Rate Services Order 2024, SI 2024/1046 which now contains the regulatory requirements for controlled PRS (CPRS). This Practice Note contains practical guidance on the Code and the previous regime
PRACTICE NOTES
This Practice Note sets out the Employment Appeal Tribunal’s (EAT’s) practice directions in relation to the preparation for an EAT hearing. It covers the fixing of appeal hearing dates and time estimates for appeal hearings, applications for recusal of judges and/or lay members, how and by whom document bundles should be prepared and lodged, the form which skeleton arguments should take and what should be included, the requirement for a jointly-agreed chronology and how legal authority citations should be quoted and used. The EAT’s maintained list of familiar authorities is also referenced. Listing of appeals The EAT will list the main hearing of the appeal according to how complex it is. Most appeals will be listed for one day. More complex appeals may be listed for one and a half or two days. Only rarely will an appeal be listed for more than two days (or less than one). The hearing will be listed to allow time for oral submissions, for questions from the EAT to be answered and for the arguments to be considered and judgment
PRACTICE NOTES
This Practice Note details the steps that should be taken in family proceedings to prepare for an appeal, requirements regarding the filing of documents, the powers of the appeal court and the orders that may be made. It also sets out the role of the appellate court, the test to be applied on appeal and key provisions of the Family Procedure Rules 2010 (FPR 2010), SI 2010/2955, Pt 30, as well as FPR 2010, PD 30A and FPR 2010, PD 30B. For guidance on the general principles applied and applications for permission, see Practice Notes: Appeals—general principles, practice and procedure and Applications for permission to appeal in the Family Court. See also: Forms and fees. For appeals to the Court of Appeal and the Supreme Court, see Practice Note: Appeals to the Court of Appeal or the Supreme Court. After permission is obtained (when required) The appellant If the appeal court gives permission to appeal, the appeal bundle must be served on each respondent within seven days of receiving the permission order. The
PRACTICE NOTES
This Practice Note describes the process of preparing for a final tribunal hearing including directions, bundles, the listing of hearings and liability and remedy being heard together. It also covers split hearings and the process involved in admitting covertly made recordings into evidence. Directions In most cases, the tribunal will give directions to the parties about the preparatory steps required before the final hearing. This may be done at a preliminary hearing or in writing without a hearing (see Practice Note: Employment tribunal case management). For further information on the sort of directions likely to be made generally, see Practice Note: Preliminary hearings in the employment tribunal—Preliminary hearings relating only to general case management orders. Preparation and exchange of witness statements It is usual for the tribunal to give directions as to the preparation and exchange of witness statements. A number of copies of each statement will be required at the final hearing. For further information, see Practice Note: Witnesses—employment tribunals—Preparation and exchange of witness statements. Use of written representations Parties are entitled to present
PRACTICE NOTES
Civil justice reform: see our Practice Note: Civil justice reform in Scotland—virtual hearings and electronic submission of documents for guidance on the current rules and practice in the Scottish civil courts in relation to virtual hearings and the electronic signing, transmission and lodging of documents. This Practice Note provides an overview of the practical matters involved in preparing for a proof or proof before answer in Scottish civil proceedings. Different procedures will impose different procedural requirements and deadlines. The specific rules should be consulted to ensure that all procedural requirements are satisfied. For guidance on: • specific types of procedure, see: Scottish DR: courts and civil procedure—overview • other aspects of starting and progressing a civil claim in Scotland, see: Scottish DR: prescription and limitation—overview, Scottish DR: starting a claim—overview and Scottish DR: case management and evidence—overview respectively, which link through to more detailed guidance • the equivalent in England and Wales, see: Trial—overview, which links through to detailed guidance on preparing for trial Key: • AJ(S)A 1972—Administration of
PRACTICE NOTES
This Practice Note provides guidance on the steps to take in preparation for a final hearing of an application for a financial remedy, including time estimates, filing open offers to settle, pre-trial review and the preparation of bundles. It also covers the preparation of cost statements in Form H1, supporting documents including a statement of issues, chronology and schedule of assets, as well as statements addressing the factors set out in section 25 of the Matrimonial Causes Act 1973 (MCA 1973) and the requirements of the Financial remedies guide (March 2026) (the FRG). Parties must comply with the procedural requirements of the Family Procedure Rules 2010 (FPR 2010), SI 2010/2955, the relevant FPR 2010 practice directions, the FRG and any directions made by the court. This includes, but is not limited to, provision as to the length of the bundle, the requirement for supporting documents including templates ES1 and ES2, the timely production of open offers and, where there are third party interests, the proper articulation of the legal
PRACTICE NOTES
This Practice Note sets out guidance on the preparation required for the financial dispute resolution (FDR) appointment, including procedure and strategy. It provides a list of matters to consider before an FDR hearing, including as to disclosure, obtaining expert evidence, preparing supporting documents, the cost estimate in Form H and the court bundle, and submitting proposals for settlement. The provisions of the Family Procedure Rules 2010 (FPR 2010), SI 2010/2955 are considered, as well as guidance issued in relation to the Financial Remedies Court and by the Family Justice Council. FPR 2010, SI 2010/2955, 9.16–9.17 make provision for FDR appointments, supported by FPR 2010, PD 9A, paras 6.1–6.5A. The FDR appointment ‘must be treated as a meeting held for the purposes of discussion and negotiation’ and ‘[p]arties attending the FDR appointment must use their best endeavours to reach agreement on matters in issue between them’. There is also guidance on the FDR appointment in the Financial remedies guide (March 2026) (the FRG). It is essential that, as far as possible, there is sufficient