Increased tax transparency obligations on
private companies may actually make it easier to be IPO
In advising companies on the benefits and challenges of
being a public company, advisers will need to point to a listed
company's obligations under a variety of laws and regulations.
For a company seeking admission to trading on a regulated
market in the EU, this will include the Transparency Directive,
the Market Abuse Regulation and the listing rules of the
relevant market. The process involves the company getting to
grips with a new set of reporting obligations and accepting the
need to make public an array of information not previously
required to be disclosed. For companies considering a listing
in London, this will include reporting obligations in relation
to related party and significant transactions, share dealings
and financial information....