Amazines Free Article Archive
www.amazines.com - Monday, June 17, 2019
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133295)
 Advice (160822)
 Affiliate Programs (34734)
 Art and Culture (73674)
 Automotive (145654)
 Blogs (75021)
 Boating (9841)
 Books (17130)
 Buddhism (4124)
 Business (1328329)
 Business News (426310)
 Business Opportunities (366257)
 Camping (10956)
 Career (72763)
 Christianity (15841)
 Collecting (11636)
 Communication (115054)
 Computers (241948)
 Construction (38993)
 Consumer (49679)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18204)
 Cuisine (7538)
 Current Affairs (20382)
 Dating (45774)
 EBooks (19685)
 E-Commerce (48195)
 Education (185188)
 Electronics (83491)
 Email (6390)
 Entertainment (159819)
 Environment (28933)
 Ezine (3038)
 Ezine Publishing (5443)
 Ezine Sites (1554)
 Family & Parenting (110898)
 Fashion & Cosmetics (196383)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310257)
 Fitness (105904)
 Food & Beverages (62850)
 Free Web Resources (7938)
 Gambling (30213)
 Gardening (25082)
 Government (10513)
 Health (629255)
 Hinduism (2206)
 Hobbies (44032)
 Home Business (91544)
 Home Improvement (251321)
 Home Repair (46116)
 Humor (4815)
 Import - Export (5450)
 Insurance (45126)
 Interior Design (29544)
 International Property (3485)
 Internet (190969)
 Internet Marketing (146305)
 Investment (22824)
 Islam (1168)
 Judaism (1357)
 Law (80458)
 Link Popularity (4592)
 Manufacturing (20840)
 Marketing (98747)
 MLM (14136)
 Motivation (18211)
 Music (26998)
 New to the Internet (9476)
 Non-Profit Organizations (4048)
 Online Shopping (129611)
 Organizing (7802)
 Party Ideas (11856)
 Pets (38081)
 Poetry (2234)
 Press Release (12670)
 Public Speaking (5618)
 Publishing (7522)
 Quotes (2407)
 Real Estate (126610)
 Recreation & Leisure (95254)
 Relationships (87449)
 Research (16157)
 Sales (80313)
 Science & Technology (110159)
 Search Engines (23446)
 Self Improvement (153090)
 Seniors (6230)
 Sexuality (35942)
 Small Business (49281)
 Software (82959)
 Spiritual (23461)
 Sports (116071)
 Tax (7658)
 Telecommuting (34064)
 Travel & Tourism (307189)
 UK Property Investment (3118)
 Video Games (13422)
 Web Traffic (11724)
 Website Design (56803)
 Website Promotion (36556)
 World News (1000+)
 Writing (35761)
Author Spotlight
ALFRED MEARS

Former English Teacher; Musician (20+ years); Freelance Writer ...more
SHWETA SINGH

This article has been written by a verified author, Shweta Singh. She has been in the business of wr...more
ANISH SAH

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more
AMOL BAMANE

Dr. Amol Bamane of Rasyog Ayurveda is an Ayurvedacharya with over 12 years of experience in treating...more
SARAH KUHLMANN

My name is Sarah, I am a 35 year old single mother that LIVES for art. I love creating things, teach...more


Disciplinary Action Highlights Importance of AIM Companies Liaising With Their Nominated Advisers by Smith Lara





Article Author Biography
Disciplinary Action Highlights Importance of AIM Companies Liaising With Their Nominated Advisers by
Article Posted: 04/11/2017
Article Views: 1317
Articles Written: 2232
Word Count: 472
Article Votes: 1
AddThis Social Bookmark Button

Disciplinary Action Highlights Importance of AIM Companies Liaising With Their Nominated Advisers


 
Business,Public Speaking,Press Release
Of interest to many an AIM company secretary wishing to ensure compliance within their organisation will be disciplinary action recently taken by the AIM Disciplinary Committee (ADC) in relation to an AIM company breaching rules by failing to provide its nominated adviser (nomad) with “information reasonably required to carry out the nomad’s responsibilities”.

AIM Company punished for not seeking nomad advice

A notice issued by Head of AIM Regulation Nilam Statham stated that “pursuant to section C2.2 of the AIM Disciplinary Procedures and Appeals Handbook”, the disciplinary committee had made the decision to privately censure and fine an AIM company £75,000 due to contravening AIM Rule 31.

It added that the London Stock Exchange plc was publishing details of the disciplinary action “on an anonymous basis, for the purpose of emphasising to AIM companies the importance of its obligations to liaise with its nominated adviserpursuant to AIM Rule 31.”

Not only had the offending AIM Company failed to provide its nomad with a satisfactory amount of information, according to the notice, but it had also been guilty of “failing to seek its nomad’s advice regarding Risk and Compliance Services with the AIM Rules when it was appropriate to do so.”

Business developments “need to be shared openly”

The ADC held that the company should have informed its nomad and sought advice regarding various business developments, and that it was inappropriate for the company to judge whether or not the business developments were disclosable solely on the basis of its own assessment of its obligations under the AIM rules, without referring to its nomad.

Among the disciplinary committee’s other conclusions was that “it was not sufficient for the Company simply to send agendas and minutes of board meetings to its nomad, without any context or conversation, and assume that such actions discharged the Company’s AIM Rule 31 responsibilities. Developments within the business need to be shared openly and fully with the Company’s nomad, and advice sought from the nomad.”

The notice warned against a narrow interpretation of Rule 31, stating that it “should be interpreted purposefully, requiring an AIM company to provide full, timely and regular information to its nomad, given that the fundamental purpose of AIM Rule 31 is to ensure that the nomad is kept fully aware of developments and can fulfil its regulatory role and responsibilities”.

Enlist the services of the most capable AIM company secretary

Such disciplinary action – so publicly shared – should serve as a crucial reminder to AIM-listed companies of the great value of the right company secretary in advising them on the achievement and maintenance of good governance and complete compliance with AIM rules.

Contact our team today to learn more about the benefits that an AIM company secretary from London Registrars could bring to your firm’s operations.

Related Articles - Risk and Compliance Services, AIM company secretary,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance

World News


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
TREENA MURPHY

Warm greetings to you!! Hello there, my name is Treena (Smiley) Murphy I am a part time blogge...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
KIRAN KAUR

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
JAMES KENNY

James is a Research Enthusiast that focuses on the understanding of how things work and can be impro...more
LUMINHOME LIGHTING

About Us Luminhome Lighting provide one-stop services in lighting design and manufacture of LED lum...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license