Blog
The End of Leasehold Flats? A Breakdown of the Draft Commonhold and Leasehold Bill
Úna Campbell
12 March 2021
The Hill Report – Impact on Smaller Issuers
Lord Hill’s keenly awaited report on the UK’s listing regime was released on 3 March 2021. Many of his recommendations focus on the premium listed segment, and much of the commentary to date has focussed on recommendations such as permitting dual class share structures. However, the report includes a number of proposals which if implemented may make the Official List more appealing to smaller companies, which we have highlighted in this blog.
1 March 2021
Audit reviews: the process, pitfalls and published themes – a focus on FRC Audit Quality Reviews
In the second blog of our audit series, Julie Matheson and Sarah Harris discuss the FRC’s recent Audit Quality Inspection report, describe how the FRC uses its powers to uphold audit quality and provide some tips on what to do if the FRC opines that one of your firm’s audits needs more than limited improvements.
26 February 2021
Fire Safety Bill Ping Pong – When will the Bill reach match point?
The Fire Safety Bill is currently in the ping-pong stage of the parliamentary legislative process, the House of Commons on Wednesday having debated the Lords amendments. There were five proposed amendments, most notably amendment 4 which looked to impose a prohibition on building owners passing the cost of any remedial work in respect of fire safety onto leaseholders and tenants.
19 February 2021
The long and winding road…. that leads to….. ARGA
Following the submissions of the Financial Reporting Council (‘FRC’) to the BEIS Select Committee in September 2020, in which it set out its progress so far under the Transformation Programme, the FRC this week has launched a consultation on its draft Strategy and Plan & Budget 2021/22, calling for stakeholder comments by 12 March 2021.
17 February 2021
No strike-off for dishonesty: A case law review of exceptional circumstances
In three recent judgments handed down by the Solicitors Disciplinary Tribunal (the ‘Tribunal’) – Solicitors Regulation Authority v Orton, Solicitors Regulation Authority v Panesar-Jagdev, and Solicitors Regulation Authority v McCullagh – the Tribunal found allegations of dishonesty proved but decided the circumstances fell within the small residual category of ‘exceptional circumstances’, thus warranting a more lenient sanction. In this blog, we consider recent case law in this area and, in particular, look at when the general rule of strike off for dishonesty has and has not been judged an appropriate sanction.
