The UK's Financial Services Authority is proposing that competing information providers publish regulatory details about listed companies.
Michael Foot, managing director of the FSA, said: These proposals to open up the system to competition should benefit the UK equities markets by making information dissemination cheaper for the market as a whole.
Under the FSA's proposals, listed companies would be able to publish their regulatory announcements, including mergers, acquisitions, financial results or director-dealings, through a choice of FSA approved primary information providers (PIPs) who will disseminate the information to secondary news distributors.
By Janet Du Chenne
The Pension Protection Fund (PPF) has published contingency planning guidance for trustees to help them manage risk.
The trustees of the Autoenrolment.co.uk and Moore Stephens master trusts have been fined for "deficient" chair's statements after failed court action against The Pensions Regulator (TPR).
Henry Tapper shares his thoughts on how IGCs could provide value for money statements that people wanted to read