FCA acts to aid listed companies during Covid-19 crisis

Guidance on due diligence published

Jenna Brown
clock • 2 min read

The Financial Conduct Authority (FCA) has unveiled a series of measures designed to help listed companies recover from the "unprecedented" effects of the coronavirus pandemic.

The financial watchdog said the impact of the coronavirus pandemic on both people's health and that of companies was "significant and widespread". It added it was likely many companies would turn to UK capital markets to raise money and support the future recovery. It announced a series of measures to help companies raise new funding while also retaining an "appropriate degree of investor protection". The regulator explained the package included a combination of temporary policy interventions and reminders of existing options for businesses and shareholders. Regulators ease corp...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

SEC chair Gary Gensler to step down from post in January

SEC chair Gary Gensler to step down from post in January

Once Donald Trump takes office

Valeria Martinez
clock 22 November 2024 • 1 min read
ISA reform 'under review' after absence in Budget and Mansion House

ISA reform 'under review' after absence in Budget and Mansion House

Financial Services Agenda pledge

Cristian Angeloni
clock 20 November 2024 • 3 min read
Fidelity International to adopt FCA 'Sustainability Focus' label for trio of funds

Fidelity International to adopt FCA 'Sustainability Focus' label for trio of funds

Evaluating other SDR labels

Valeria Martinez
clock 18 November 2024 • 1 min read
Trustpilot