Further Details
The following sets out the content of the course in the approximate order in which it will be discussed during the day.
The regulatory framework for quoted companies
• The Official List, AIM & OFEX
• The Listing rules & the UKLA
• The EU Prospectus Directive
• Sponsors & Nomads
• Competition regulations
• Substantial Acquisitions Rules (SARs)
• The Takeover Code – General Principles
Areas of potential complexity
• Money laundering
• Managing a completion meeting
• Joint & several liability
• Representations, warranties and disclosures
• Verification of prospectuses
• Financial assistance (s.151)
• Due diligence
Corporate governance
• Financial Services and Markets Act (FSMA)
• The Financial Services Authority (FSA)
• Authorisation to conduct business
• Financial promotion
• Misleading statements & practices
• Insider dealing
• Market abuse
• Cadbury, Greenbury, Hampel
• Turnbull, Smith, Higgs
• Audit committees
• The Combined Code
Duties of directors
• Statutory responsibilities
• Role of the chairman
• Executive, non-executive and shadow directors
• Alternate, nominee and associate directors
• Authority of the board
• Board meetings
• Extent of duty and skill expected
• Wrongful & fraudulent trading
• Insolvency
• Service contracts & consultancy agreements
• Appointing advisers
• Engagement letters & fees
Guide price
£3,200 per day + VAT |
