UK Quoted Company Newsletter Q4 2021

1.  FCA finalises changes to its Handbook as part of its Primary Markets Effectiveness Review - AGC 9, 8/12/21 (article 7)

All changes are now in force

2.  LSE publishes 2022 Dividend Procedures Timetable (for Official List or AIM companies setting interim and/or final dividend programmes) - AGC 6, 21/11/21 (article 7)

3.  Latest FCA Primary Market Bulletin (PMB 37) (addressing European Single Electronic Format (ESEF) reporting and market disclosure procedures) - AGC 10, 17/12/21 (article 5)

4.  FRC and FCA remind CEOs on structured electronic formats for annual financial reports - AGC 8, 30/11/21 (article 7)

5.  ESEF - FCA confirms range of taxonomies which can be used - AGC 11, 22/12/21 (article 3)

6.  AIM Regulation censure and fine for Sensyne Health plc - AGC 9, 8/12/21 (article 1)

7.  Institutional Shareholder Services 2022 proxy voting guidelines updated - AGC 10, 17/12/21 (article 3)

8.  Glass Lewis 2022 policy guidelines published - AGC 8, 30/11/21 (article 1)

Climate related reporting

9.  Mandatory climate-related disclosures by publicly quoted companies, large private companies and LLPs - AGC 7, 4/11/21 (article 1)

Applying to in scope companies for financial years beginning on or after 6 April 2022

10.  Climate-related disclosure – FCA extends reporting to standard listed issuers and augments guidance for all relevant issuers - AGC 11, 22/12/21 (article 1)

Applying to in scope standard listed companies for financial periods beginning on or after 1 January 2022

11.  London Stock Exchange publishes climate reporting guidance for listed companies - AGC 7, 4/11/21 (article 4)

12.  Task Force on Climate-related Financial Disclosures (TCFD) – FCA publishes disclosure expectations and supervisory strategy - AGC 8, 30/11/21 (article 3)

13.  Financial Reporting Lab publishes TCFD disclosure overview - AGC 7, 4/11/21 (article 3)

14.  Climate change reporting - TCFD publishes 2021 status report (on how disclosures of climate-related financial information aligned with the TCFD recommendations have developed since its 2020 revieww) - AGC 6, 21/11/21 (article 1)

15.  Mandatory disclosure of climate transition plans (highlighting government proposals requiring companies to publish net zero transition plans and contribute to a low-carbon economy) - AGC 8, 30/11/21 (article 5)

16.  UK green labels and sustainability disclosures are coming – time to get ready - AGC 7, 4/11/21 (article 2)

17.  FRC publishes thematic review into the use of Alternative Performance Measures by 20 UK-listed companies - AGC 6, 21/11/21 (article 4)

Remuneration

18.  Investment Association releases revised Principles of Remuneration for 2022 - AGC 8, 30/11/21 (article 6)

19.  Glass Lewis updates approach to executive compensation in light of Covid -19 - AGC 9, 8/12/21 (article 6)

20.  Legal & General Investment Management publishes its UK Principles of Executive Pay 2021 - AGC 6, 21/11/21 (article 6)

General

21.  FRC publishes 2021 Review of Corporate Governance reporting (assessing the quality of reporting against the UK Corporate Governance Code) - AGC 8, 30/11/21 (article 4)

22.  FRC publishes Annual Review of Corporate Reporting 2020/21 - AGC 7, 4/11/21 (article 5)

23.  FRC publishes 2021 review of reporting against UK Stewardship Code 2020 - AGC 9, 8/12/21 (article 3)

24.  FRC announces areas of supervisory focus for 2022/2023 (including priority sectors for corporate reporting reviews and audit quality inspections) - AGC 9, 8/12/21 (article 4)

25.  FRC publishes review on viability and going concern disclosures - AGC 6, 21/11/21 (article 5)

26.  QCA publishes AIM Good Governance Review 2021/22 - AGC 9, 8/12/21 (article 5)

27.  FRC publishes research report on corporate culture - AGC 10, 17/12/21 (article 1)

28.  Board governance – FTSE 150 key trends (Spencer Stuart review of board composition, governance practice and other key trends in the FTSE 150) - AGC 10, 17/12/21 (article 2)

29.  Government launches FTSE Women Leaders Review - AGC 7, 4/11/21 (article 6)

30.  Companies House introduces online service for reporting PSC discrepancies - AGC 10, 17/12/21 (article 6)

31.  Government launches corporate re-domiciliation consultation - AGC 7, 4/11/21 (article 7)

32.  Dematerialisation of shares and use of electronic signatures - AGC 6, 21/11/21 (article 4)

33.  UK Public M&A Update Q3 2021 - Public M&A Update, 12/10/21

34.  ESG - Why unlocking your business purpose is the key to growth - ESG Update, 22/11/21

35.  FCA ESG strategy and priorities - Finance Regulatory Update, 22/11/21

36.  ESG and Financial Regulation - Our top six predictions for the future  - Finance Regulatory Update, 22/11/21

37.  Quarterly Debt Capital Markets Update - Q3 2021 - Debt Capital Markets Update, 18/11/21

38.  Quarterly Debt Capital Markets Update – Q4 2021 - Debt Capital Markets Update, 10/11/22

39.  The restructuring plan spread its wings in 2021 (review of the restructuring plan decisions of 2021, including Gategroup, Virgin Active, Hurricane, DeepOcean and Amicus) - RSSG Update 17/12/21

40.  Competition law investigations by UK authorities - Competition Update, 25/11/21

41.  UK merger control - Phase 2 references - Competition Update, 2/12/21

42.  Dawn raids - dealing with inspections by competition authorities in the UK - Competition Update, 2/12/21

43.  UK public bids - interaction between the Takeover Code, merger control rules and other regulatory controls  - Competition Update, 23/11/21

44.  Global Minimum Tax Rules published (the OECD model rules for domestic implementation of the new global minimum corporation tax, to be paid at 15% by large multinationals) - Tax Update, 21/12/21

45.  Top employment issues for 2022 - Employment Update, 9/12/21

46.  Digital Economy - Our Top Tech Predictions for 2022 - Digital Economy Update, 8/12/21