The FCA has published a consultation paper (CP23/2) on streamlining the rules relating to
structured electronic reporting.
Under DTR 4.1.14, listed companies are required to publish their
annual report in the single electronic format specified in
the UK Transparency Directive European Single
Electronic Format Regulation (the ESEF Regulation), the UK
version of EU Regulation 2019/815 on the technical standards for
reporting in electronic format, which is part of UK law post-Brexit
– see our snapshot on reporting in structured
electronic format for further details.
To simplify the structure of the UK's rules, and in
keeping with the government's post-Brexit drive to replace
retained EU laws and regulations, the FCA is proposing to remove
the cross reference to the ESEF Regulation and to set out the
requirements directly in the Transparency Rules.
