The Future of Narrative Reporting: a Consultation
Open date: 02 Aug 2010
Closing date: 19 Oct 2010
Consultation paper seeking views on issues relating to corporate narrative reporting.
This consultation is part of implementing the Coalition Agreement commitment to "reinstate an Operating and Financial Review to ensure that directors' social and environmental duties have to be covered in company reporting and investigate further ways of improving corporate accountability and transparency".
The objective of the consultation is to look at ways to drive quality of company reporting to the level of the best and thereby enable stronger and more effective shareholder engagement. The consultation paper is open in exploring all options - regulatory and non-regulatory - to achieve the objectives. The consultation focuses in particular on the business review provisions, but as part of its exploration of wider narrative reporting, it also looks at issues relating to the Directors' Remuneration Report.
The consultation closes on 19 October and is seeking views from all those concerned in company reporting including companies, their members and others who regularly use company reports. The Government will publish its conclusions at the end of the year.
Download the consultation
