FCA and AIM end COVID-19 deadline relaxations

  • FCA Image

28 Mar 2022

Temporary measures introduced in 2020 in response to the COVID-19 pandemic allowing for delayed annual and interim financial reporting are to be removed.

During the earlier stages of the COVID-19 pandemic, the Financial Conduct Authority (FCA) (for companies subject to Disclosure Guidance and Transparency Rule (DTR) 4) and the London Stock Exchange (as the regulator of the Alternative Investment Market (AIM)) announced temporary extensions for deadlines for annual and half-yearly financial reports. Both have announced that these temporary extensions will come to an end for annual or half-yearly reporting periods ending on or after 28 June 2022.  Deadlines will revert to:

  • DTR 4 companies (Main market of the LSE other than wholesale debt) - publishing of the annual financial report within four months of the financial year-end.  Issuers subject to DTR 4.2 must publish their half-yearly financial reports within three months of the end of the relevant reporting period.  
  • AIM companies will be required to publish their annual audited accounts within six months of the financial year-end date and will be required to publish half-yearly financial reports within three months.

Companies missing these deadlines will have their securities suspended from trading.  The six month deadline for annual reports of wholesale debt issuers (Listing Rule (LR) 17) was never extended – such companies not having to file half-yearly reports; the AQSE Growth Market removed their automatic extension in August 2021.

Please click for:

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.