13. Regulation and Disclosure Flashcards
1
Q
What disclosure obligations do all companies have?
A
Constitution and any changes Directors and company secretaries changes to registered details (CN, RO, SAIL address) share capital accounts mortgages and charges PSC
2
Q
Disclosure requirements for listed companies
A
COMPANIES ACT Strategic report Directors report Rem report Auditor's report LISTING RULES AND DTR Principles continuing obligations Sponsors general obligation - premium listing significant transactions related party transactions dealing in own securities disclosure and control of information periodic reporting corp governance
NSM MAR AND DTR Inside information PDMR PCA Closed periods Financial info Payment to gov
3
Q
What is the link between disclosure, accountability, transparency and trust?
A
Clear and concise annual reporting
free from jargon, understandable
4
Q
Data protection
A
DPA1998 overview
Makes UK data protection laws fit for digital age
Empowers people to have control over their personal
data
Supports businesses through the change
UK GDPR - pan European regulation
5
Q
Public access to corporate information and information held by public organisation
A
Individuals have the right to know how the data is being used access personal data have incorrect data updated stop or restrict the processing of that data object how the data is processes
Freedom of information act2000
Member os public have right to request info held about them
Public have 20 working days to respond to request
6
Q
Key principle of GDPR
A
lawfulness, fairness and transparency purpose limitation data minimisation accuracy storage limitation integrity and confidentiality accountability
