467 Search Results for
  • Audit opinion letters to include disclaimer of liability to third parties?

    United Kingdom 08.01.2003
    On 5 December it was reported in the Financial Times that PricewaterhouseCoopers (PWC) is to change the wording of its standard audit opinion letter to include an express disclaimer of liability to third...
  • New proposal for a Takeover Directive

    United Kingdom 20.12.2002
    Following the narrow rejection by the European Parliament in July 2001 of the European Commission's previous proposal for a directive on takeover bids, some commentators were sceptical as to whether a...
  • Clarification of Takeover Panel's approach to three Code Rules

    United Kingdom 20.12.2002
    The Takeover Panel's 2001/2 Annual Report has given guidance on the way the Panel will interpret three Rules of the Takeover Code in the light of the Panel's experiences in recent bids. The three Rules...
  • Recent changes to the Takeover Code

    United Kingdom 13.12.2002
    The Panel announced at the end of August amendments to the Takeover Code to bring dual listed company transactions within the Code and to clarify the rules governing inducement fees. Dual Listed Company...
  • Sarbanes-Oxley: Legislate in haste, repent at leisure?

    United Kingdom 10.12.2002
    If a company has a listing in the US, or makes registered securities offerings in the US, or is a subsidiary of such a company, the chances are that the US Sarbanes-Oxley Act of 2002 will impact on its...
  • Shareholder activism

    United Kingdom 22.11.2002
    Institutional shareholders have recently announced that they will become more active in scrutinising the behaviour of companies in which they invest. Although it remains to be seen how this will impact...
  • China domestic share markets open to foreign and private investors

    ChinaUnited Kingdom 11.10.2002
    China announced on the 8th of October new merger and acquisition rules which will allow private and foreign investors to take controlling stakes in domestically-listed companies. Foreigners were officially...
  • The proposed directive for the regulation of consumer credit - what changes for the UK?

    United Kingdom 27.09.2002
    On 11th September 2002, the European Commission approved a proposal for a new consumer credit directive. The existing EU directive, 87/102/EEC, has been subject to criticism for some time. First, since...
  • A conflict of interest for analysts?

    United Kingdom 15.08.2002
    Those involved in the production and consumption of research notes issued by analysts at investment banks will have followed with interest the recent investigations by the New York Attorney General into...
  • FSA annual meeting

    United Kingdom 14.08.2002
    On 18 July 2002 the FSA Annual Public Meeting was held. Set out below is a summary of the main points made by Sir Howard Davies and other speakers. The full script of the Chairman’s speech is available...