On 1 July, HM Treasury published a consultation that takes forward three key recommendations from Lord Hill’s UK Listings Review (click here for further information on that Review). It sets out how the Government proposes to: (i) review and potentially replace the prospectus regime that the UK has inherited from the EU; (ii) give the Financial Conduct Authority (FCA) new rule making responsibilities that will allow it to incorporate a replacement prospectus regime into its handbook; and (iii) amend the prospectus liability regime so that there are fewer barriers to the inclusion of more forward-looking information in prospectuses.
Adam is a partner in Baker McKenzie's London office and a member of the M&A and Corporate Finance Teams. Before joining Baker McKenzie, Adam was a corporate partner at a Magic Circle law firm in London. He has also spent time as the chief legal and strategy officer at a machine learning and data science growth stage company.