The UK regulates the offer of securities to the public through an array of investment protection mechanisms, and the imposition on securities issuers of certain minimum standards of disclosure. As a result, there are certain circumstances in which a company may need to publish a prospectus in the UK when implementing an employee share plan there, unless an exemption is available.
The Regulation (EU) 2017/1129, the EU Prospectus Regulation, was originally implemented into the UK in 2019 through amendments to the Financial Services and Markets Act 2000, and incorporation into the FCA Handbook in the Prospectus Regulation Rules.
As part of the Brexit process, the EU Prospectus Regulation was preserved in UK under the European Union (Withdrawal) Act 2018, as amended by the To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.
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