A consultation on extending use of
summary financial statements and other minor changes
was announced on 17 March 2005. The deadline for
comments is 10 June 2005. To view the document
click here.
PDF (525 KB).
Company Law Reform
The Government published a White Paper (click to view) "Company Law Reform" in
March 2005. This White Paper sets out the Government's proposals for
comprehensive reform of our company law framework to bring it in line with
modern business needs. The reforms build on the work of the Company Law Review
(CLR) and will be introduced through the Company Law Reform Bill.
Further information on this White Paper is
available here
European Company Law and Corporate
Governance: Directive Proposals on Company Reporting,
Capital Maintenance and Transfer of the Registered
Office of a Company
A consultative document seeking your views on three
legislative measures which form part of the European
Commission’s Action Plan on Company Law and
Corporate Governance: A proposal to amend the 4th/
7th company law directives strengthening EU reporting
standards; a proposal to amend the 2nd company law
directive (capital maintenance); and a proposal for
a new transfer of registered office of a company directive.
Published: 10 March 2005
Closing Date For Responses:
03 June 2005
A copy of the consultation document is available
here
 (406 Kb).
Takeovers Directive
A consultative document on the implementation of
the European Directive on Takeovers Bids was issued
on 20 January 2005. The deadline for comments
is 15 April 2005. To view the document click
here. (324 Kb)
Copies can be obtained from DTI Publications Orderline
ADMAIL 528 London SW1W 8YT - telephone 0870 1502 500
or fax 0870 1502 333 or email publications@dti.gsi.gov.uk.
An Invitation to Comment from Paul Myners on "The Impact of Shareholders' Pre-Emption Rights on a Public Company's Ability to Raise New Capital" dated 3 November 2004
A copy of the document is available here
(861Kb).
European Proposal for a Directive on Statutory Audit
Consultation seeking views on the proposed directive
dealing with the statutory audit of annual and consolidated
accounts. A copy of the consultation document
is available here
(585Kb). The consultation closes on
30 November 2004.
Operating and Financial Review and Directors'
Report
The Government has published draft regulations for
consultation on the Operating and Financial Review
(OFR) and the Directors' Report. A copy of the
consultation document and draft regulations is available
here (254Kb). Copies can also be obtained
from DTI Publications Orderline ADMAIL 528 London
SW1W 8YT (telephone 0870 1502 500 or fax 0870 1502
333 or e-mail publications@dti.gsi.gov.uk).
Responses to the consultation should be made using
the contact details in the document by 6 August 2004
A press notice (P2004/177) issued on 5 May 2004 is
available here.(177Kb)
Click here for Consultations
Under Archive Awaiting a Response from the Government
Click here for links
to previous consultations.
Modernisation of Accounting Directives/IAS
Infrastructure
A consultation on the implementation of the accounting
Modernisation directive and arrangements for the use
of IAS to view the document click here
( 640Kb).
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