Regulator Profile

Takeover Panel

Panel on Takeovers and Mergers

Self-Regulatory Body

3

Areas of regulation

10

Laws enforced

UK-wide

Quick links

Visit official website Email Takeover Panel Call 020 7382 9026

Mergers Shareholder Protection Takeovers

What Takeover Panel does

Regulates takeovers and mergers involving public companies and some private companies in the UK. Issues the Takeover Code. Ensures shareholders are treated fairly during corporate takeovers.

Legal framework

Legislation that Takeover Panel enforces.

Primary legislation

• UKPGA 1985/68 Act 1985
• Companies Act 2006 Act 2006
• Crofters (Scotland) Act 1993 Act 1993
• Enterprise Act 2002 Act 2002
• Financial Services Act 2012 Act 2012
• Financial Services and Markets Act 2000 Act 2000
• Insolvency Act 1986 Act 1986
• National Security and Investment Act 2021 Act 2021

Secondary legislation

• The Companies Act 2006 (Amendment of Schedule 2) (No. 2) Order 2009 UK Statutory Instrument 2009
• The Takeovers Directive (Interim Implementation) Regulations 2006 UK Statutory Instrument 2006