Shell company: Difference between revisions

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1.  ''Regulation - listed companies - UK - Financial Conduct Authority (FCA) - Listing Rules.''
1.  ''Regulation - listed companies - UK - Financial Conduct Authority (FCA) - UK Listing Rules.''


For the purposes of the FCA's Listing Rules, a shell company is one:
For the purposes of the FCA's UK Listing Rules, a shell company is one:


#Whose assets consist solely or predominantly of cash or short-dated securities; or
#Whose assets consist solely or predominantly of cash or short-dated securities; or
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* [[Reverse takeover]]
* [[Reverse takeover]]
* [[Shelf company]]
* [[Shelf company]]
* [[SPAC]]
* [[Special Purpose Acquisition Company]]
* [[Tax haven]]
* [[Tax haven]]
* [[UK Listing Rules]]  (UKLR)


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Corporate_finance]]
[[Category:Corporate_finance]]
[[Category:Identify_and_assess_risks]]
[[Category:Investment]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_reporting]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:The_business_context]]

Latest revision as of 07:16, 13 September 2024

1. Regulation - listed companies - UK - Financial Conduct Authority (FCA) - UK Listing Rules.

For the purposes of the FCA's UK Listing Rules, a shell company is one:

  1. Whose assets consist solely or predominantly of cash or short-dated securities; or
  2. Whose predominant purpose or objective is to undertake an acquisition or merger, or a series of acquisitions or mergers.


2. Tax havens.

A company established in a tax haven that has no - or minimal - activities locally, the substantive business activities being undertaken elsewhere.


3. Companies.

Any company with few or no assets or business activities.


See also