EBITDA and Premium Listing: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Add quote. Source: ACT ESG blog 19 Feb 2021 https://www.treasurers.org/hub/blog/ESG/Update-February-2021) |
||
| Line 1: | Line 1: | ||
''London Stock Exchange.'' | |||
A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities. | |||
Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules, which are higher than the EU minimum requirements for a Standard Listing. | |||
A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance. | |||
As a consequence the company may enjoy a lower cost of capital, through greater transparency and through building investor confidence. | |||
:<span style="color:#4B0082">'''''Climate risk disclosures'''''</span> | |||
:"The Financial Conduct Authority (FCA) implemented a new Listing Rule applicable to premium listed commercial companies designed to help users understand how they are managing climate-related risks. | |||
:The new Rule (LR 9.8.6(8)) does this by requiring disclosures in annual reports consistent with the recommendations and recommended disclosures of the Task Force on Climate-related Disclosures (TCFD). | |||
:The Rule will apply to accounting periods beginning on or after 1 January 2021 with the first annual financial reports under the new rule will be published in the spring of 2022. " | |||
:''ACT blog, 19 February 2021 - Naresh Aggarwal, Associate Director, Policy & Technical.'' | |||
== See also == | == See also == | ||
* [[ | * [[Cost of capital]] | ||
* [[ | * [[Equity]] | ||
* [[ | * [[Financial Conduct Authority]] | ||
* [[ | * [[Investor relations]] | ||
* [[ | * [[Listing]] | ||
* [[ | * [[Listing particulars]] | ||
* [[ | * [[Listing Rules]] | ||
* [[ | * [[London Stock Exchange]] | ||
* [[ | * [[Main Market]] | ||
* [[ | * [[Premium]] | ||
* [[ | * [[Standard Listing]] | ||
* [[ | * [[Task Force on Climate-related Financial Disclosures]] | ||
* [[Transparency]] | |||
* [[UK Corporate Governance Code]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 10:57, 11 March 2021
London Stock Exchange.
A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities.
Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules, which are higher than the EU minimum requirements for a Standard Listing.
A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance.
As a consequence the company may enjoy a lower cost of capital, through greater transparency and through building investor confidence.
- Climate risk disclosures
- "The Financial Conduct Authority (FCA) implemented a new Listing Rule applicable to premium listed commercial companies designed to help users understand how they are managing climate-related risks.
- The new Rule (LR 9.8.6(8)) does this by requiring disclosures in annual reports consistent with the recommendations and recommended disclosures of the Task Force on Climate-related Disclosures (TCFD).
- The Rule will apply to accounting periods beginning on or after 1 January 2021 with the first annual financial reports under the new rule will be published in the spring of 2022. "
- ACT blog, 19 February 2021 - Naresh Aggarwal, Associate Director, Policy & Technical.
