Information ratio meaning

This checklist sets out what a company listed in the equity shares (commercial companies) category must announce to a regulatory information service (RIS) in relation to a significant transaction under UKLR 7.3 of the UK Listing Rules. Under the UKLR, a significant transaction is one where any percentage ratio reaches 25% or more. Initial disclosure requirements—UKLR 7.3.1R The following must be notified to a RIS as soon as the terms of a significant transaction are agreed: UKLR 7.3.1R (2)(a): A statement setting out why the transaction is notifiable under UKLR 7. UKLR 7.2.13G (4): If the notice concerns aggregated transactions, an explanation of the basis for aggregation, with reference to whether UKLR 7.2.11R (1)(a), (1)(b) or (1)(c) applies. UKLR 7.3.1R (2)(b): A summary of the transaction and the company’s rationale for undertaking it, including the items below. UKLR 7 Annex 2, 1.1 R (1): Full particulars of the transaction, including the name of the counterparty. UKLR 7 Annex 2, 1.1 R...

In this issue Prudential requirements Financial crime and sanctions Consumer protection Investigations, enforcement and discipline Ex-Barclays executive loses appeal over FCA ban on senior job Regulation of capital markets Banks and mutuals Investment funds and asset management Regulation of insurance Financial Services Enforcement Database Daily and weekly news alerts Intraday news alerts New and updated content Dates for your diary Prudential requirements EBA updates systemic importance indicators for G-SIIs. The European Banking Authority (EBA) has refreshed the set of 13 systemic importance indicators, together with the underlying data, for the EU’s 33 largest institutions whose leverage ratio exposure measure exceeds EUR 200 bn. The release also provides revised figures and data items reflecting recognition of the Banking Union and of institutions within the Single Resolution Mechanism. This dataset is updated on an annual cycle. See: LNB News 27/08/2024 20. Financial crime and sanctions IEA publishes discussion paper on...

In this issue: Economic Crime and Corporate Transparency Act 2023 Trade finance Sustainable finance Debt capital markets Derivatives Structured products and securitisation Claims and remedies Daily and weekly news alerts New and updated content Useful information Economic Crime and Corporate Transparency Act 2023 DBT publish second progress report on Economic Crime and Corporate Transparency Act 2023 implementation The Department for Business and Trade (DBT) has issued its second yearly update on delivering the Economic Crime and Corporate Transparency Act 2023. It notes the making of over 20 statutory instruments and flags new Companies House enforcement, including 82,600 registered office address changes and 419 penalty warning notices. The roadmap runs to the close of 2026, with mandatory identity verification due from autumn 2025 and limited partnership reforms to be finalised by the end of 2026. With enhanced powers, Companies House reports identifying £50m of UK property connected to organised crime. See: LNB News 17/06/2025...

In this issue: Prudential requirements Financial crime and sanctions Consumer protection Complaints, compensation and claims management Regulation of capital markets UK MiFID II Payment services and systems Fintech and cryptoassets LexTalk®Financial Services: a Lexis®Nexis community Financial Services Enforcement Database Daily and weekly news alerts Intraday news alerts New and updated content Dates for your diary Prudential requirements End-2024: EBA updates systemic importance indicators for G-SIIs The European Banking Authority (EBA) has released a refreshed set of 13 indicators of systemic importance, with accompanying data, for the 32 largest EU institutions whose leverage ratio exposure exceeds €200bn. The package includes the most recent statistics and measures needed to identify institutions across the Banking Union and those within the Single Resolution Mechanism (SRM). The EBA revises this information annually and supplies accessible tools to facilitate access and analysis. See: LNB News 26/08/2025 32. Financial crime and sanctions FCA warns...

This Practice Note outlines high-level details of the prudential capital framework that applies to UK banks and building societies, as well as to large, systemically important investment firms designated by the Prudential Regulation Authority (PRA) under Article 3 of the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order, SI 2013/556. The requirements are contained in: the onshored Capital Requirements Regulation, Retained Regulation (EU) 575/2013 (UK CRR), and associated technical standards—for information, see Practice Note: UK Capital Requirements Regulation (UK CRR)—technical standards [Archived] PRA Supervisory Statements (SSs), and the PRA Rulebook In the PRA Rulebook, banks, building societies and designated investment firms are collectively termed ‘CRR firms’. For information on the regulatory capital requirements applying to non-designated UK investment firms, see Practice Note: The UK investment firms prudential regime (IFPR). Significant upcoming changes to regulatory capital requirements Revocation of UK CRR under FSMA 2023 Sections 1 and 4 of the Financial Services and Markets Act 2023 (FSMA...

This Practice Note maps the rules governing pay for directors of quoted companies, set against rising shareholder activism and greater media scrutiny of executive reward. It distils the statutory reporting regime on directors’ remuneration for quoted companies and highlights key provisions of the Companies Act 2006 (CA 2006), the UK Listing Rules (UKLR), the Financial Reporting Council’s (FRC) UK Corporate Governance Code (UKCG Code), together with best practice guidance on executive pay... Directors’ remuneration—law, regulation and best practice Legislation Under the CA 2006 and the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, SI 2008/410, directors of a quoted company must produce an annual remuneration report disclosing prescribed details of directors’ pay. For CA 2006 purposes, a quoted company is a UK company whose equity share capital: has been admitted to the Official List of the London Stock Exchange is officially listed in an EEA state, or is admitted to dealing on the New York Stock Exchange or NASDAQ...

Practice Note More and more employers are striving to strengthen diversity and equality within their organisations. This Practice Note outlines several voluntary charters and programmes that employers may join to demonstrate and advance their pledge to foster diversity and equality—and to back colleagues with particular protected characteristics—across their workplaces. It includes the Race at Work Charter, Change the Race Ratio, the Disability Confident Scheme, the Mindful Employer Charter, the Mindful Business Charter, the Stonewall Proud Employers Programme, the Women in Finance Charter and the Dying to Work Charter. The motivation to enhance workplace diversity and equality can arise from a range of factors, such as: recognising the significant commercial gains of a diverse workforce and recruiting from the broadest possible talent pool a conviction that taking such steps is the ethically right course lifting morale by ensuring staff feel valued, understood and supported strengthening the organisation’s reputation taking positive action to remedy areas where the employer is not yet achieving optimal...