The Panel provides input and challenge to the FCA on policy issues that affect issuers of securities, and on policy and regulation proposals from the FCA listing's function.
The Panel's priority areas for 2024-25:
Strengthening UK capital markets
- Listing and Prospectus Rules reform and implementation
- Access to capital, and increasing retail participation in capital markets
- Continuing conversation on ‘risk appetite’
- Technological innovation and modernising financial markets infrastructure
- Coordination and collaboration across government, regulators and industry to drive impactful changes in a holistic manner
Removal of frictions in UK capital markets
- Identification of barriers to streamlined and efficient UK capital markets
- Ensuing market practice evolves to support regulatory reforms
- Accessible and reliable data to support investment decisions
- Availability of investment research on small and mid-cap UK companies
Reform of UK Corporate Governance and Stewardship Frameworks
- Effective and holistic reform of critical UK frameworks
- Support engagement between issuers and investors
- Accommodating the increasing complexity for governance of non-financial factors and A.I.
Artificial intelligence (A.I) integration in financial markets
- Identification of key impacts, risks and opportunities in primary markets
- Promoting close collaboration between regulatory bodies and industry
- International cooperation and coherent approach to development of principles-based approach and guidelines
Sustainable Finance
- International coordination and cooperation to minimise duplication and overlap and promote the attainment of globally coherent standards
- Sustainability related disclosures and reporting for issuers
- Development of Regulatory Framework for ESG ratings providers
- Climate transition planning
- Proportionate and appropriate assurance models