The Financial Conduct Authority (FCA) has published a policy statement (PS22/3) setting out rule changes that will require premium and standard listed companies to make disclosures in relation to gender and ethnic diversity at board and executive management level for financial years starting on or after 1 April 2022. The FCA published a consultation paper … Read more

The Financial Conduct Authority (FCA) has announced, in its Primary Market Bulletin No. 39, that it is ending the temporary relaxations it introduced for companies due to the Covid-19 pandemic.  The London Stock Exchange has also issued an Inside AIM removing its temporary relaxations for financial reporting deadlines implemented in light of Covid-19 from 28 … Read more

The former chief financial officer of Redcentric Plc has been sentenced to five and a half years’ imprisonment and disqualified from being a director for ten years after being found guilty of making false and misleading statements to the market and false accounting. As we reported in our last corporate update, Redcentric, an AIM-listed IT … Read more

The FCA has published a Technical Note (TN/802.1) which provides further guidance on the climate-related financial disclosures listed companies are required to make in their annual report and accounts. Under the Listing Rules, premium and standard listed companies are required to make disclosures in compliance with the TCFD Recommendations and Recommended Disclosures on a comply … Read more

The Financial Conduct Authority (FCA) has published a statement reminding issuers of their disclosure obligations under the UK Market Abuse Regulation (UK MAR) in the context of the conflict in Ukraine. Also relevant in the context of Ukraine, a Bill is going through Parliament that will require overseas entities that own UK property to be … Read more

Following criminal proceedings brought by the Financial Conduct Authority (FCA), the former chief financial officer and the former finance director of Redcentric PLC have been convicted of: making false or misleading statements, contrary to section 89(1) of the Financial Services Act 2012; and false accounting, contrary to section 17(1)(a) of the Theft Act 1968. The … Read more

We have published our half-yearly update briefing which summarises the major developments in UK corporate law and regulation that have occurred over the last six months, that is from July to December 2021, and which are of relevance to UK listed companies. The briefing is available here. Read more

The Financial Conduct Authority (FCA) has published a Policy Statement (PS21/23) and final rules and guidance in relation to climate-related financial disclosures for standard listed companies. It has also updated its guidance on climate-related disclosures for premium and standard listed companies. Rules for standard listed companies Under new Listing Rule 14.3.27R, standard listed companies are … Read more