FCA announces temporary relief for listed companies
Released 26 March 2020
The Financial Conduct Authority (FCA) has announced temporary relief for listed companies facing the challenges of corporate reporting during the coronavirus crisis.
This temporary relief will permit listed companies which need the extra time to complete their audited financial statements an additional two months in which publish them.
Currently, under the Transparency Directive, companies have four months from their financial year end in which to publish audited financial statements. Under the temporary relief the FCA will, among other things, forbear from suspending the listing of companies if they publish financial statements within six months of their year-end.
Further information can be found at https://www.fca.org.uk/news/statements/delaying-annual-company-accounts-coronavirus.