Statutory liability for all announcements to the market

An article in the June 2010 issue of the Hogan Lovells Corporate Newsletter.

From 1 October 2010, the statutory liability regime in FSMA will be amended to cover issuers' ad hoc announcements to the market. Currently, the statutory regime covers only annual reports, half-yearly reports, interim management statements and preliminary announcements (if made). The new regime is a substantial extension of the statutory regime, and this article examines its likely impact in practice.

View the June 2010 issue of the Hogan Lovells Corporate Newsletter here.


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