Foreign Exchange Committee and Listing Rules: Difference between pages

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imported>Doug Williamson
(Link with Federal Reserve Bank page.)
 
imported>Doug Williamson
(Add quote. Source: ACT ESG blog 19 Feb 2021 https://www.treasurers.org/hub/blog/ESG/Update-February-2021)
 
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(FXC).
''London Stock Exchange''


The FXC includes representatives of major financial institutions engaged in foreign currency trading in the United States and is sponsored by the Federal Reserve Bank of New York.  
The Listing Rules are regulations which apply to all companies with a Main Market listing - or seeking a Main Market listing - on the London Stock Exchange.


The Listing Rules are not mandatory for Alternative Investment Market (AIM) companies.


The Foreign Exchange Committee is established to:
However, some AIM-listed companies, and other companies, choose to follow the Listing Rules on a voluntary basis.


#Serve as a forum for the discussion of good practice and technical issues in the foreign exchange (FX) market.
#Foster improvements in risk management in the FX market by offering recommendations and guidelines.
#Support actions that facilitate greater contractual certainty for all parties active in foreign exchange.


The Listing Rules are published by the UK's Financial Conduct Authority.
:<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 ==
* [[Federal Reserve Bank]]
* [[Alternative Investment Market]]
* [[FEOMA]]
* [[De-listing]]
* [[Foreign exchange]]
* [[Disclosure and Transparency Rules]]
* [[FX Global Code]]
* [[Financial Conduct Authority]]
* [[FXJSC]]
* [[Initial public offering ]]
* [[ICOM]]
* [[Introduction]]
* [[IFEMA]]
* [[Listing]]
* [[IFXCO]]
* [[Listing particulars]]
* [[ISDA]]
* [[London Stock Exchange]]
* [[Premium Listing]]
* [[Private placement]]
* [[Security]]
* [[Standard Listing]]
* [[Stock]]
* [[Task Force on Climate-related Financial Disclosures]]
 
 
===Other links===
[http://www.treasurers.org/node/10045 Make a debut, David Tilston, The Treasurer April 2014]
 
[[Category:Corporate_finance]]

Revision as of 11:01, 11 March 2021

London Stock Exchange

The Listing Rules are regulations which apply to all companies with a Main Market listing - or seeking a Main Market listing - on the London Stock Exchange.

The Listing Rules are not mandatory for Alternative Investment Market (AIM) companies.

However, some AIM-listed companies, and other companies, choose to follow the Listing Rules on a voluntary basis.


The Listing Rules are published by the UK's Financial Conduct Authority.


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.


See also


Other links

Make a debut, David Tilston, The Treasurer April 2014