How UK Leadership Redefines Global Expansion

As an outcome of the intro of the UKLR sourcebook in July 2024, both the London Stock Exchange (LSE) and FTSE Russell made consequential modifications to their guidelines. In July 2024, the LSE validated amendments to its Admission and Disclosure Standards to reflect the collapse of the previous premium and standard listing segments into the brand-new commercial company classification.

, chaired by Charlie Geffen. The goal of the taskforce was to consider the prospective benefits of the UK moving to a T +1 securities settlement cycle and outline how this change might be executed.

, chaired by Sir Douglas Flint.

Building Ethical Trade Networks for 2026

In July 2023, the taskforce published an Interim Report (read our summary here) which made a number of suggestions, consisting of: legislation must be advanced, and business articles of association changed, as quickly as practicable to stop the issuance of brand-new paper share certificates; the federal government needs to bring forward legislation to need dematerialisation of all share certificates at a future date; the government should talk to issuer and investor representatives on the preferred disposition of "recurring" paper share interests and whether a time frame must be enforced for the identification of untraced Ultimate Beneficial Owners (UBOs); andintermediaries must have a commitment, as a condition of participation in the clearing and settlement system, to put in location typical technology that enables them to react to UBO demands from providers within a very brief time frame.

ANSR July UK PRs

Digitisation would target noted business with a view to reducing costs and waste, and improving shareholder interaction. The report proposes extra procedures to ensure that UBOs within the intermediated securities chain would have the ability to work out investor rights that are currently just guaranteed for registered shareholders, along with measures to boost communication in between companies and UBOs.