The Market Abuse Regulation - FCA consults on periodic financial reporting and inside information

The FCA is consulting on proposed changes to its guidance on periodic financial reporting and inside information. If adopted, the new guidance would provide a degree of clarity on the ability of listed companies to delay the announcement of inside information comprised in financial results under the Market Abuse Regulation (MAR) regime. This is potentially significant for companies in deciding whether an immediate announcement of such inside information is required. It is helpful that the FCA is looking to provide additional guidance on this issue as views and practices have differed.