Corporate AlertExecutive Summary
What Is Changing?
On 19 January 2026, a new UK prospectus regime, under the Public Offers and Admissions to Trading Regulations 2024 (the “New Prospectus Rules”) took effect. Published by the Financial Conduct Authority (“FCA”), the new rules will introduce significant, and welcome reforms to UK capital markets. These include increasing the threshold at which a prospectus is required from 20% to 75% of an issuer’s share capital for secondary issuances, a new admi...
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