Strategic Analysis of UK Global Markets

As an outcome of the introduction of the UKLR sourcebook in July 2024, both the London Stock Market (LSE) and FTSE Russell made consequential changes to their guidelines. In July 2024, the LSE verified changes to its Admission and Disclosure Standards to reflect the collapse of the previous premium and standard listing sectors into the new industrial company category.

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

, chaired by Sir Douglas Flint.

Analyzing British Trade Trends for 2026

In July 2023, the taskforce published an Interim Report (read our summary here) which made a variety of recommendations, consisting of: legislation needs to be advanced, and company posts of association changed, as soon as practicable to stop the issuance of new paper share certificates; the federal government must advance legislation to need dematerialisation of all share certificates at a future date; the federal government should seek advice from company and financier agents on the preferred disposition of "residual" paper share interests and whether a time limit must be enforced for the recognition of untraced Ultimate Beneficial Owners (UBOs); andintermediaries need to have a responsibility, as a condition of participation in the cleaning and settlement system, to put in location common technology that enables them to react to UBO requests from providers within a very brief time frame.

ANSR July UK PRs

Digitisation would target listed business with a view to minimizing expenses and waste, and improving shareholder interaction. The report proposes extra procedures to guarantee that UBOs within the intermediated securities chain would be able to work out shareholder rights that are presently only ensured for registered investors, as well as measures to boost interaction between business and UBOs.