Subjects:

Banking and Finance

Contents:

Fundamentals of securities law

Sources of securities law in the UK

EC securities regulation

UK financial services regulation

Themes in the historical development of securities law in the UK

Practice in the securities markets

Securities markets in the UK

Corporate governance and procedures internal to the company

The marketing of securities

Financial promotion

Public offers of securities, listing and trading on regulated markets

Offers of securities to the public: an overview

The Principles underpinning the Listing Rules

The Model Code and inside information

Admission to listing

Prospectuses

Listing Particulars

Transparency obligations

Discontinuance of listing

The operation of the listing rules

Regulations relating to specific types of security

Regulations relating to specific types of company

The alternative investment market

The AIM Rules

Takeovers

Private law liability in the issue of securities

Persons responsible for offers of securities

Promoters

Civil liability 1: s.90 FSMA 2000

Civil liability 2: misrepresentation, contract and tort

Civil liability 3: fiduciaries and conflict of laws

Criminal law liability in the issue of securities

Insider dealing and market abuse

Fraud, theft and offences under FSMA 2000

The allotment of shares

This new title provides a comprehensive analysis of the substantive law governing securities markets and the manner in which markets in securities are regulated in the UK. It considers both the EC law context, including the Financial Services Action Plan, and international trends in financial regulation. It focuses on the issue of securities on both a private basis and by means of an offer to the public. It provides comprehensive coverage of both shares and debt securities (such as bonds) and debentures.

• Offers comprehensive coverage of equity and debt securities, primary and secondary securities, and the law and regulation surrounding them – the only book in the legal market to do so;
• Analyses the fundamental legal principles underlying securities;
• Shows how these principles apply to a wide range of issues that practitioners will encounter;
• Covers the listing of securities
• Deals with prospectuses and the marketing of securities;
• Considers the transfers and sale of shares;
• Examines related criminal and civil liability issues;