News & Legal Updates

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FCA: Anti-Greenwashing Rule

The UK Financial Conduct Authority’s (FCA) anti-greenwashing rule (AGR) came into effect on 31 May 2024 and applies to all FCA-authorised firms. Greenwashing involves making false or misleading claims about the environmentally friendliness of a product or a service, often seen in sectors such as energy, transport & automative and fashion. For instance, the Competition and Markets Authority is investigating ASOS, Boohoo and Asda for potentially untruthful ‘eco’ or ‘sustainable’ statements.

Corporate Law

Changes and Reform to The Economic Crime and Corporate Transparency Act 2023

The Economic Crime and Corporate Transparency Act 2023 brings fundamental changes and major reforms to both company law and Companies House, but how will this affect companies in practice? In the second instalment of our short series of blogs on ECCTA 2023, we explore some of the key considerations resulting from the shake-up that the new legislation brings.

Economic Crime and Corporate Transparency Bill

In the first of a new short series of blogs, we give an introductory overview of the Economic Crime and Corporate Transparency Act 2023, exploring its background, purpose and the aims that the legislation sets out to achieve.

Can sole directors make valid decisions under the model articles?

The model articles are the default articles of association for limited companies incorporated on or after 1 October 2009, and are automatically incorporated into a company’s amended articles of association if the amended articles do not cover a point covered by the model articles.

Corporate Law

FCA issues a First Supervisory Notice of cancellation of listing

On 28 October 2022, the FCA published a First Supervisory Notice of cancellation of listing in relation to the ordinary shares of £0.001 each (“Shares”) of Umuthi Healthcare Solutions plc (the “Company").

Corporate Law