The future of narrative reporting: a further consultation
Open date: 19 Sep 2011
Closing date: 25 Nov 2011
Response date: 27 Mar 2012
Consultation paper seeking views on issues relating to corporate narrative reporting.
The consultation seeks views on Government plans to make narrative reporting simpler, clearer and more focussed. It includes proposals to change company narrative reports to make the framework clearer for companies and easier for investors to locate the information they need. We are also reviewing the disclosure requirements that we place on companies to streamline and remove inconsistencies.
The consultation also includes a number of proposals to make the reporting of executive remuneration clearer and more relevant to investors. In addition to this, the Government has published a separate discussion paper seeking views on a range of issues relating to executive remuneration.
Update February 2012
Our initial analysis shows support for the proposed new structure, although several organisations said that bringing the changes into force in October 2012 will not give companies enough time to adjust. We therefore propose to bring the changes into force in April 2013. We hope to publish a response to the consultation in March 2012.
Government Response
On 27 March 2012 the Government published a summary of responses and indication of the next steps.
Download the consultation
Download the government response
