New company law reform bill

Joanna Gray

Journal of Financial Regulation and Compliance, 2006, vol. 14, issue 1, 119-122

Abstract: Purpose - To address the practical implications of the new company law reform bill. Design/methodology/approach - Explain the objectives of the Bill. Findings - The current government position is a continuing preference for disclosure on a voluntary basis by firms but Clause 866 of the Bill leaves room for alternative action, shared a voluntary disclosure regime fail to deliver progress. Originality/value - In its current draft from Clause 866 embraces the public at large, not just institutional clients, and therefore the latter are tacitly advised to act now rather than later, if its termed are to be binding on themselves alone, to the exclusion of the general public.

Keywords: Company law; Disclosure; Investors (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jfrcpp:13581980610644806

DOI: 10.1108/13581980610644806

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