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On 29 July 2016, the FCA published Handbook Notice No. 35 which contains its replies to feedback received on its quarterly consultation paper no. 2 (CP16/8) and the final instrument.
On 29 July 2016, the FCA published Handbook Notice No. 35 which
contains its replies to feedback received on its quarterly
consultation paper no. 2 (CP16/8) and the final instrument.
The instrument amends the definition of reverse takeovers to
prevent issuers from artificially breaking up a transaction to
avoid its classification as a reverse takeover. It also prescribes
the reporting format for reports on payments to governments at DTR
4.3.10. It also amends the Prospectus Rule 1 to reflect ESMA's
April 2016 guidance on prospectuses.
The instrument comes into force on 29 July 2016, and the new
version of DTR 4.3A.10 comes into force for financial years
commencing on or after 1 August 2016.
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about your specific circumstances.