18 Aug 10/8/20 – UK regulator, FCA, launches a consultation on ESEF implementation
The FCA, the regulator responsible for ESEF in the UK, has started a consultation on whether the implementation of this new EU directive should be postponed by one year ie. Non-AIM Companies listed on the London Stock Exchange would have to file their Annual Financial Reports (AFR) using the ESEF Taxonomy for all periods from January 1st, 2021. This would make the implementation of ESEF for the UK market different from the rest of Europe which has to implement for all listed companies for periods from January 1st, 2020. Interested parties have until August 28th, 2020 to submit their comments which can be done by following this link to the FCA website: https://www.fca.org.uk/publications/consultation-papers/cp20-12-consultation-delay-implementation-european-single-electronic-format
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