The Financial Conduct Authority (FCA) has proposed changing some listing rules for companies to bring it in line with forthcoming changes to how companies report on their activities and executive pay in annual reports.
From October, all companies except small companies will be required to include a "strategic" report in their annual report. Quoted companies will need to ensure they include specific information on the company’s strategy, policy on human rights and how many women it employs. The new financial reporting regulations from the Department of Business Innovation and Skills (BIS), are trying to make company annual reports simpler and more useful for shareholders.
The FCA has