Industry News

Industry News 15 November, 2024

The Chancellor promises to reinvigorate our capital markets by unlocking private investment through our pension funds and to move to a more dynamic and competitive approach to regulation. Alongside this, we have confirmation that ESG ratings providers will be regulated, and the long-awaited consultation on a UK Green Taxonomy is launched.

IR Society News Industry News Consultation Responses Policy & Positions 14 November, 2024

The Society would support a system based on the IFRS Foundation taxonomy, to promote the international consistency and comparability of annual financial statements and thus help attract international issuers, dual listings and global investors/capital. Any mandatory reporting and tagging of sustainability-related data would impact on costs, process and timetable for filing ARAs and thus should be phased in over time, starting with the largest caps, to enable the development of software solutions/best practice. Moreover, the cost of introducing ‘disclosure management systems’ to comply with any mandatory sustainability reporting would currently be very significant for small- and mid-cap companies.

IR Society News Industry News 4 November, 2024

The Investor Relations Society (IR Society) is delighted to announce that HSBC will be the new sponsor of the senior investor relations development programme, DELIVER (DElivering Leadership in InVEstor Relations).

IR Society News Industry News Consultation Responses Policy & Positions 25 October, 2024

The Society raises issues around the materiality timeframe and quantification/ assessment for proposed requirements for prospectuses to include climate-related disclosure, and supports the concept of introducing a safe harbour for forward looking disclosures but calls for further review of the criteria to ensure it would cover forward-looking climate-related and transition reporting.

IR Society News Industry News Consultation Responses Policy & Positions 24 October, 2024

This IR Society response supports transparency of fund investment in the UK’s ‘unlisted’ quoted SME markets (AIM and Aquis) separately from unlisted equity as this could facilitate investor targeting for AIM companies.

Industry News 14 August, 2024

A comprehensive discussion paper has been issued by various regulators (including the FRC and FCA) on the future of digital reporting in the UK, which aims to gather stakeholder feedback on possible alternative taxonomies and assurance of digital tagging.

Industry News 8 August, 2024

The FRC has published some proposed revised guidance to help companies disclose principal risks and uncertainties within their strategic report, which may include risks that might impact solvency and liquidity.

Industry News 25 July, 2024

On 22nd July, the FRC gave an update on their Stewardship Code review, announcing further outreach to allow more discussion with stakeholders before they consult on any proposed revisions to the Code.

IR Society News Industry News Consultation Responses 15 July, 2024

This IR Society response expresses concern around the risks of requiring this non-GAAP reporting in the back half of the annual report, which would significantly increase the audit burden and would be especially difficult when the reporting timetable is tight.

Industry News 2 July, 2024

The Taskforce on Nature-related Financial Disclosures (TNFD) has published final Additional sector guidance for eight real economy sectors to apply the LEAP approach, alongside updated Additional guidance for financial institutions to apply the TNFD Recommendations and final Guidance on value chains.

Industry News 27 June, 2024

ISSB announces further harmonisation of the sustainability disclosure landscape as it embarks on its new work plan.

Industry News 6 June, 2024

The IoD is seeking to promote director integrity by consulting on a new voluntary Code of Conduct.

Industry News 6 June, 2024

The EU’s financial markets regulator has issued a statement encouraging issuers to follow good practices when engaging in 'pre-close calls' as they can influence market expectations and instrument prices.

Industry News 3 June, 2024

The Government has published an implementation update to the Sustainability Disclosure Requirements (SDR) and the FCA has also confirmed its (delayed) timetable.

IR Society News Industry News 8 May, 2024

The IR Society, the UK’s professional body for investor relations practitioners, today launches its 24th Annual Best Practice Awards (the ‘Awards’). These prestigious Awards celebrate the achievements of companies demonstrating their commitment to delivering best-in-class investor relations and communications.

Industry News 2 May, 2024

Guidance material has been published to illustrate the high level of alignment achieved between the ISSB Standards and the European Sustainability Reporting Standards (ESRS), and how a company can apply both sets of standards, including detailed analysis of the alignment in climate-related disclosures. This publication provides practical support that explains how companies can efficiently comply with both sets of standards.

Industry News 30 April, 2024

The ISSB has published its digital sustainability taxonomy, to help investors analyse sustainability disclosures more efficiently.

Industry News 17 April, 2024

The Transition Plan Taskforce (TPT) published its final set of resources, including sector-specific guidance, the Future for Nature in Transition Planning, and how to undertake a transition planning cycle. TPT outputs support the creation of consistent, comparable company reports and reduce the level of disclosure complexity faced by firms.

Industry News 11 April, 2024

As announced last year, the FCA is now consulting on introducing more options to pay for investment research, including the ‘bundling’ of payments for third-party research and trade execution.

Industry News 20 March, 2024

FTSE Russell have published proposed changes to its UK Index Series in response to the FCA's proposed reforms to the listing regime in the UK.