QCA Response to FCA - Removing the Transparency Directive's requirement to publish Interim Management Statements

3rd September 2014

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Our Legal Expert Group helped us to respond to the FCA's consultation on Removing the Transparency Directive’s requirement to publish interim management statements. We supported the proposed changes and welcomed the Government’s commitment to removing mandatory quarterly reporting ‘as soon as practical’. We supported removing the requirement for issuers of shares admitted to trading on a regulated market to publish interim management statements. We noted that interim management statements are overly costly to produce and they do not provide a significant benefit.

Click here to download the response (pdf)

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