Home > Countries > United Kingdom (page 5)

Category Archives: United Kingdom

Feed Subscription<
FRC guidance on strategic report

FRC guidance on strategic report

On 9th June 2014, the UK Financial Reporting Counsel (FRC) published their ‘Guidance on the Strategic Report’ (Guidance). The Guidance replaces the ‘Reporting Statement: Operating and Financial Review’ published by Accounting Standards Board. The Guidance is persuasive rather than mandatory and its objectives are to: ensure that relevant information that ... Read More »

Reversionary leases

Reversionary leases

Some leases grant tenants security of tenure – an automatic right to renew, subject to certain statutory exceptions. When the lease doesn’t have security of tenure, but the parties agree the tenant can have a new lease at the expiry of the current lease, the new lease is a “reversionary ... Read More »

Is a loan agreement a debenture?

Is a loan agreement a debenture?

The City of London Law Society (CLLS) recently sent a letter to HM Treasury regarding the England and Wales Court of Appeal decision in Fons Hf v Corporal Ltd and another as the decision may, in the view of the CLLS, have “serious implications for regulated and unregulated lenders, borrowers ... Read More »

Changes to the AIM Rules

Changes to the AIM Rules

Recent months have shown a marked increase in the number of companies coming to the London markets and the volume of funds raised for growth business through initial public offerings. This is welcome. At the same time, after a number of years where the rules have remained static, the London ... Read More »

FRC proposes revisions to the UK Corporate Governance Code

FRC proposes revisions to the UK Corporate Governance Code

In April 2014 the UK’s Financial Report Council (FRC) published its consultation document on the proposed revisions to the UK Corporate Governance Code (the Code).  The consultation follows previous consultations in 2013 on directors’ remuneration and risk management, internal control and the going concern basis of accounting.  The consultation document ... Read More »

Reform to judicial review

Reform to judicial review

Judicial review is the procedure by which decisions of public law bodies and those of other bodies carrying out public law functions may be challenged through the English courts. With the growth of regulation, these decisions have increased in importance as has the use of the judicial review procedure to ... Read More »

Scroll To Top