Securities Law

Securities Law is a comprehensive treatment of securities regulation, providing you with an in-depth guide to explain how everything works and fits together. Including a full account of the new UK regulatory structure as it applies to securities law, the book also gives you a detailed explanation of the changes at EU level and their impact on securities regulation.

The new 2nd edition:

• Includes coverage of UK and EU regulation of securities
• Analyses the impact of the Financial Services Act 2012 on securities law in the UK, and the effect of the Larasiere Report on securities regulation across the EU
• Covers the full range of securities issues, including shares, bonds and securitised derivatives
• Discusses the liability of those responsible for the preparation of prospectuses for losses suffered by investors under private law and statute
• Explains the criminal law on insider dealing, fraud under the Fraud Act 2006, general offences under FSMA 2000, and the regulation of market abuse more generally
• Analyses the implication of MiFID, Prospectus Directive, Transparency Obligations Directive, and most recent version of the FCA Handbook
• Explores the regulation of the Alternative Investment Market (AIM)
• Advises on the securities law implication arising from takeovers
• Includes guidance on the allotment of shares and other company issues
• Explains the application of corporate governance norms to securities regulation

• Overview of securities law
• Sources of securities law
• EU securities regulation
• UK financial services regulation
• Corporate governance
• Financial promotion
• Prospectuses
• Transparency obligations
• The Listing Principles
• Admission to listing
• Maintenance of listing
• Discontinuance of listing
• The Alternative Investment Market
• Takeovers
• Private law liability in the issue of securities
• Criminal law liability in the issue of securities
• Allotment of shares and related company law issues

The new edition explains the fundamental regulatory changes at the EU and the UK level.

At the EU level:

• Explains the effect of the Larosiere Report on EU financial regulation
• Explains the new regulatory structure in the EU
• Analyses changes to the Prospectus Directive and to the Transparency Obligations Directive
• Analyses changes to MiFID

At the UK level:

• Explains the new financial regulatory structure in the UK