This article looks at the new UK public offers and admissions to trading regime which came into force on 19 January 2026 in place of the previous EU-derived prospectus regime.
This article looks at the latest developments relating to the new Private Intermittent Securities and Capital Exchange System (“PISCES”), a new type of regulated trading platform for unlisted shares, and the new UK prospectus and public offers regime.
In this article, we report on the key aspects of the Financial Services and Markets Bill and the recently published illustrative draft statutory instrument relating to reform of the UK prospectus regime.
