The EU Transparency Directive: The Impact Of Implementation On Companies Admitted To Trading On A UK Regulated Market

The UK implemented the EU Transparency Directive on January 20, 2007. It is one of the major measures in the EU's Financial Services Action Plan and sets out minimum requirements for producing periodic financial reports, disclosing major shareholdings and disseminating information. It applies to issuers whose securities are admitted to trading on an EEA regulated market, such as the main market of the London Stock Exchange or Euronext in Amsterdam or Paris.