FIRST CLOSING DATE & OFFER EXTENDED TO 10 JUNE 2021 On 8 April 2021 , Virgata Services Limited ( Virgata ) announced the terms of its firm cash offer ( Offer ) to acquire the entire issued and to be issued ordinary share capital of Walls & Futures REIT plc ( Walls&Futures ). The full terms and conditions of the Offer and the procedures for acceptance were set out in the offer document ( Offer Document ) and form of acceptance ( Form of Acceptance ) published by Virgata on 6 May 2021. Walls & Futures Fundamental Challenge On 20 May 2021, your Directors sent a circular to Walls & Futures Shareholders (the Response Circular ). A copy of the Response Circular can be viewed on the Walls & Futures website,
March 2, 2021 @ 11:32 pm By JD Alois
UK Finance has published a proposal for a “new service company” that will support the UK’s open banking infrastructure, according to a public statement. UK Finance is described as the collective voice for the banking and finance industry representing over 250 firms in the UK.
Last year, UK Finance suggested a model which would see the continuation of open banking functions moved into a new service company as the final stages of the
Competition and Market Authority’s (CMA) implementation roadmap. The publication,
Open Banking Implementation Entity (OBIE).”
The “Future Entity” is a yet-to-be-labeled company that may usher in this transition. According to the document the mission is as follows:
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