Dates of consultation
November 2015
Summary of feedback received
The Knowledge Base is the UKLA’s repository of non-handbook commentary that has the status of formal FCA guidance. It consists of a series of short procedural and technical notes published in PDF form and ordered by topic. The notes relate to aspects of the Listing Rules, Prospectus Rules and Disclosure and Transparency Rules.
In Primary Market Bulletin No. 12 (November 2015), we proposed the following changes to the Knowledge Base:
The amendment of one existing procedural note
- Public offer prospectus - drafting and approval (UKLA/PN/904.2)
The re-consultation of one new technical note proposed in PMB No. 11
- Application of related party rules to funds investing in highly illiquid asset classes (UKLA/TN/406.1)
The amendment of thirteen existing technical notes
- Listing Principle 2 – Dealing with the FCA in an open and co-operative manner (UKLA/TN/209.2)
- Equivalence arrangements for third country issuers (UKLA/TN/503.2)
- Exemptions from the periodic reporting requirements (UKLA/TN/504.2)
- Issuer's obligations (UKLA/TN/542.2)
- Shareholder obligations (UKLA/TN/543.2)
- Third country equivalent obligations (UKLA/TN/544.2)
- Changes in holdings (UKLA/TN/545.2)
- Voting rights that are disregarded for notification purposes (UKLA/TN/546.2)
- Aggregation of managed holdings (UKLA/TN/547.2)
- Market makers (UKLA/TN/548.2)
- Asset managers (UKLA/TN/549.2)
- Trading book exemption (UKLA/TN/550.2)
- Aggregation of holdings (UKLA/TN/551.2)
Response to feedback
We received feedback on our proposals relating to one of those notes. We summarise the feedback received in Primary Market Bulletin No. 13.