UK onshored EU Transparency Directive

E790458

The UK onshored EU Transparency Directive is the post-Brexit domestic version of the EU’s Transparency Directive, setting out disclosure and transparency requirements for issuers with securities admitted to trading on UK regulated markets.

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Statements (35)

Predicate Object
instanceOf UK financial services legislation
securities disclosure regime
aimsTo align UK disclosure standards with international best practice
promote efficient functioning of UK capital markets
appliesTo issuers whose home state is the United Kingdom
issuers with securities admitted to trading on UK regulated markets
basedOn EU Transparency Directive 2004/109/EC NERFINISHED
concerns ongoing obligations of listed issuers
transparency of ownership and control of issuers
enforcedBy Financial Conduct Authority NERFINISHED
implementedBy Financial Conduct Authority NERFINISHED
implementedThrough FCA Disclosure Guidance and Transparency Rules (DTR) NERFINISHED
FCA Handbook NERFINISHED
jurisdiction United Kingdom
legalBasis European Union (Withdrawal) Act 2018 NERFINISHED
UK domestic statutory instruments onshoring EU securities law
marketType UK regulated markets such as the Main Market of the London Stock Exchange
objective enhance transparency in securities markets
ensure equivalent transparency standards to the former EU regime
protect investors through timely disclosure
postBrexitStatus retained EU law adapted for the UK market
regulates disclosure of rights attached to securities
dissemination of regulated information
ongoing disclosure of major shareholdings
periodic financial reporting by issuers
relatedTo Prospectus Regulation regime as onshored in the UK
UK Listing Rules NERFINISHED
UK Market Abuse Regulation (onshored MAR) NERFINISHED
requires issuers to publish annual financial reports
issuers to publish half-yearly financial reports
notification of major holdings of voting rights
storage of regulated information in officially appointed mechanisms
use of electronic means for dissemination of regulated information
scopeIncludes debt securities admitted to trading on UK regulated markets
equity securities admitted to trading on UK regulated markets

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Disclosure Guidance and Transparency Rules legalBasis UK onshored EU Transparency Directive