Building Resilient Supply Chains for 2026

As an outcome of the intro of the UKLR sourcebook in July 2024, both the London Stock Market (LSE) and FTSE Russell made substantial changes to their rules. In July 2024, the LSE validated modifications to its Admission and Disclosure Standards to show the collapse of the previous premium and basic listing segments into the brand-new commercial business category.

, chaired by Charlie Geffen. The objective of the taskforce was to think about the prospective benefits of the UK moving to a T +1 securities settlement cycle and lay out how this modification might be carried out.

, chaired by Sir Douglas Flint.

Ethical Mandates and Sustainable Banking Trends

In July 2023, the taskforce published an Interim Report (read our summary here) which made a variety of recommendations, consisting of: legislation must be brought forward, and company posts of association altered, as quickly as practicable to stop the issuance of brand-new paper share certificates; the federal government should bring forward legislation to require dematerialisation of all share certificates at a future date; the federal government must seek advice from with provider and investor agents on the preferred disposition of "recurring" paper share interests and whether a time limit need to be imposed for the identification of untraced Ultimate Beneficial Owners (UBOs); andintermediaries should have a commitment, as a condition of involvement in the cleaning and settlement system, to put in location common innovation that enables them to respond to UBO demands from providers within a really brief time frame.

ANSR July UK PRs

Digitisation would target listed business with a view to minimizing costs and waste, and simplifying investor interaction. The report proposes extra steps to guarantee that UBOs within the intermediated securities chain would have the ability to work out shareholder rights that are presently just ensured for registered shareholders, as well as procedures to improve interaction between companies and UBOs.