The Financial Conduct Authority has published a consultation paper in which it proposes amending one part of its Handbook: DTR 2.5 ("Delaying the disclosure of inside information"). It is proposed to remove the last sentence of DTR 2.5.5G in order to make clear that an issuer may have a legitimate reason to delay disclosure in circumstances other than the non-exhaustive examples listed in DTR2.5.3R or the circumstances described in DTR2.5.5AR.
Monday, 23 November 2015
UK: FCA consults on DTR amendment - delaying the disclosure of inside information
The Financial Conduct Authority has published a consultation paper in which it proposes amending one part of its Handbook: DTR 2.5 ("Delaying the disclosure of inside information"). It is proposed to remove the last sentence of DTR 2.5.5G in order to make clear that an issuer may have a legitimate reason to delay disclosure in circumstances other than the non-exhaustive examples listed in DTR2.5.3R or the circumstances described in DTR2.5.5AR.
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