Corporate Finance Refresher

Course Overview

Participants will gain a thorough overview of the rules and regulations surrounding mainstream corporate finance activities, highlighting those areas likely to cause serious problems if overlooked.

The course will enable executive and non-executive directors of public companies and non-specialist practitioners to achieve a workable understanding of the legislation, rule books, conventions and practices surrounding corporate finance transactions – with emphasis on the practical issues involved in concluding a deal within the regulatory framework.

A knowledge of personal responsibilities and potential liabilities should ensure that the specialist advice available to directors and their advisers during the course of a transaction is used to best advantage.

Course Outline

The regulatory framework for quoted companies

• The Official List, the LSE & AIM 
• The Listing rules & the UKLA
• The EU Prospectus Directive
• Sponsors & Nomads
• Competition regulations
• The Takeover Code 

Areas of potential complexity

• Money laundering
• Managing a completion meeting
  • Timing problems
  • Release of charges
  • Money transfers
  • Completion in escrow
• Joint & several liability
• Representations, warranties and disclosures
• Verification of prospectuses
• Due diligence

Corporate governance

• Financial Services and Markets Act (FSMA)
• The Financial Services Authority (FSA)
• Authorisation to conduct business
• Financial promotion
• Misleading statements & practices
• Insider dealing
• Market abuse
• Cadbury, Greenbury, Hampel
• Turnbull, Smith, Higgs
• Audit committees
• The UK Corporate Governance Code

Duties of directors

• Statutory responsibilities
• Role of the chairman
• Executive, non-executive and shadow directors
• Alternate, nominee and associate directors
• Authority of the board
• Board meetings
• Extent of duty and skill expected
• Changes under the Companies Act 2006
• Service contracts & consultancy agreements
• Wrongful & fraudulent trading
• Insolvency
• Appointing advisers
• Engagement letters & fees

Delivering this course in-house for you to a number of participants could be very cost effective. Please call us on 020 7387 4484 to discuss this further.

If you have any questions about this seminar please write to us at post@redcliffetraining.co.uk.