In August, the FRC Lab published two reports: Improving ESG data production – This report considers the current landscape and challenges for the production of ESG data and sets out actions that companies could take to improve how this data is collected. It is built around three elements – what motivates companies to collate ESG … Read more

The Financial Conduct Authority (FCA) and Financial Reporting Council (FRC) have published two reports on the quality of climate-related reporting by listed companies. For financial years beginning on or after 1 January 2021, premium listed commercial companies are required to include a statement in their annual financial report setting out whether they have made disclosures … Read more

We have released our ‘on the horizon’ podcast, which is a short summary of the more material developments we expect to see in the next 6-12 months that will be of interest to listed companies. The podcast is available here: ‘on the horizon’ podcast. 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 January to June 2022, and which are of relevance to UK listed companies. Please click here to see the full briefing. Read more

The Financial Reporting Council (FRC) has published an updated version of its Guidance on the Strategic Report. The disclosures required in strategic reports are governed by the nature of the reporting entity. The Guidance therefore aims to assist companies in determining which provisions of the Companies Act 2006 on the content of the strategic report … Read more

Two former directors of Autonomy plc have been found liable for misleading statements and misrepresentations in Autonomy’s annual and quarterly reports. This case (ACL Netherlands BV and others v Michael Richard Lynch and another [2022] EWHC 1178 (Ch)) is the first on the liability of issuers in connection with published information under Schedule 10A of … Read more

We have launched our latest Corporate Governance snapshot which is available here; this snapshot covers the FCA’s new rules on diversity-related disclosures for listed companies. Read more

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