UK: The Financial Services and Markets Act 2000 (Transparency) Regulations 2014

The Financial Services and Markets Act 2000 (Transparency) Regulations 2014 were laid before Parliament today and come into force on 6 June. The Regulations given the Financial Conduct Authority the power to remove from its rules the requirement for share issuers to produce interim management statements or quarterly reports, following amendments made to European law. An explanatory memorandum is available here (pdf).