Continuing obligations—financial reporting
Continuing obligations—financial reporting

The following Corporate guidance note provides comprehensive and up to date legal information covering:

  • Continuing obligations—financial reporting
  • Legal framework
  • Scope of rules
  • Annual report
  • Annual report—DTR requirements
  • Annual report—LR requirements
  • Preliminary statements of annual results and dividend announcements
  • Half-yearly financial reports
  • Interim management statements
  • Dissemination of financial information
  • more

This Practice Note gives a general overview of the financial reporting obligations of a listed company as regards financial reporting under the Listing Rules and the Disclosure Guidance and Transparency Rules (DTR). These obligations are in addition to a company's general legal obligations as regards accounts and reports in its home jurisdiction.

The reporting obligations outlined in this Practice Note focus on the nature, timing and content of financial information required to be published by a company (incorporated in England and Wales, Scotland or Northern Ireland) with securities listed on the Official List of the Financial Conduct Authority (FCA) (Official List) and admitted to trading on the main market for listed securities of the London Stock Exchange (LSE) (Main Market) (issuer).

Brexit impact

The operation of the UK listing, prospectus and transparency regime may be affected by Brexit, in particular (for the purposes of this note) in relation to the scope of the transparency rules and the use of international financial reporting standards by issuers. For further details see Practice Note: Brexit—UK listing and prospectus regime.

Legal framework

An issuer is subject to continuing obligations with respect to financial reporting set out in:

  1. Chapter 4 of the Disclosure Guidance and Transparency Rules (DTR 4), which applies to issuers with transferable securities admitted to trading on a regulated market, including those with a