Disclosure and Transparency Rules and ECOS: Difference between pages

Revision as of 13:38, 18 August 2021

Employee Car Ownership Scheme.

A method of providing vehicles for employees under which:

Legal title to the vehicle passes to the employee driver at the start.
The driver makes a series of repayments, usually monthly, to cover finance and maintenance.
The employer makes a series of cash payments to the driver, to cover the driver's repayments to the fleet finance provider.

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-''London Stock Exchange''
+Employee Car Ownership Scheme.
-The Disclosure and Transparency Rules are regulations which apply to most larger companies on the London Stock Exchange.
+A method of providing vehicles for employees under which:
+#Legal title to the vehicle passes to the employee driver at the start.
+#The driver makes a series of repayments, usually monthly, to cover finance and maintenance.
+#The employer makes a series of cash payments to the driver, to cover the driver's repayments to the fleet finance provider.
-They implement a number of EU Directives on transparency, market abuse, accounting and audit.
-For the companies which are bound by them, the Disclosure and Transparency Rules are supplementary to the Listing Rules.
-Some companies choose to follow the Disclosure and Transparency Rules on a voluntary basis.
-The Disclosure and Transparency Rules are published by the UK's Financial Conduct Authority.
 == See also ==
-* [[Directive]]
+*[[Contract hire]]
-* [[Financial Conduct Authority]]
+* [[Vehicle]]
-* [[Listing]]
-* [[Listing particulars]]
-* [[Listing Rules]]
-* [[London Stock Exchange]]
-* [[Premium Listing]]
-* [[Security]]
-[[Category:Accounting,_tax_and_regulation]]
+[[Category:Corporate_finance]]
-[[Category:The_business_context]]
-[[Category:Financial_products_and_markets]]