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Policy statement PS14/15 was published by the FCA on 7 November
2014 by way of response to its previous consultation. The
consultation canvassed comments on the proposal to remove DTR 4.3,
i.e. the requirement to publish interim management
statements ("IMS"). The requirement to publish an IMS was
removed at an EU level in the November 2013 amendments to the
Transparency Directive, and member states were given two years in
which to implement this change.
The proposal has been adopted, and the relevant amendments
became effective as of 7 November 2014.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
