Wednesday 27 August 2014

UK: FCA consultation on early implementation of the requirements for reports on payments to governments

The Financial Conduct Authority has published a consultation paper in which it sets out how it proposes to amend its Disclosure Rules and Transparency Rules in order to implement early the Transparency Directive Amendment Directive 2013/50/EU in respect of the obligation of issuers in the extractive industries to report annually on payments made to governments in the countries in which they operate: see here (pdf).

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