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FCA extends reporting deadline for interims

FCA extends reporting deadline for interims

28 May 2020
The Financial Conduct Authority (FCA) has confirmed additional relief for listed companies facing the challenges of corporate reporting during COVID-19.
The temporary relief, which follows the announcement in March for annual reports, will permit listed companies an additional month in which to publish their half yearly financial reports. Currently, under the Transparency Directive, listed companies are required to publish half yearly financial reports no later than 3 months from the end of the period to which the report relates.
The FCA has indicated that the temporary extension will be kept under review and, at a suitable time, will announce how the policy will be removed in a fair, orderly and transparent way.
The full bulletin is available on the FCA website.