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ARTICLE · 18 SEPTEMBER 2026

Modernising Corporate Reporting: Key Proposals And Next Steps

Eversheds Sutherland
Eversheds Sutherland
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Eversheds Sutherland

Eversheds Sutherland

Eversheds Sutherland in Italy was founded more than 40 years ago and now has more than 80 lawyers...

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Eversheds Sutherland provides comprehensive legal services through a global network of separate and distinct legal entities. The firm's website offers access to legal professionals, insights on international arbitration, workplace technology deployment, and sovereign immunity cases, while maintaining clear disclaimers about the general information nature of its materials.

United KingdomLitigation, Mediation & Arbitration

Why should I read this?

On 7 September 2026, the Department for Business, Innovation, Science and Trade (BIST) launched a 12-week consultation on modernising corporate reporting. The consultation is described as a "once-in-a-generation" review and aims to make the UK corporate reporting framework more proportionate, effective and growth-focused, while preserving investor and creditor confidence. Responses are due by 30 November 2026.

The proposals are guided by five principles: clarity of purpose, with annual reports focused primarily on investors and creditors; flexibility and trust, with directors empowered to determine financially material disclosures; simplicity and coherence, by reducing duplication across company law, accounting standards and regulatory rules; proportionality, by aligning requirements with company size, ownership structure and economic impact; and being fit for the future, including digital reporting and emerging technologies.

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