Optimizing Mid-Market Workforce Acquisition in 2026

As a result of the introduction of the UKLR sourcebook in July 2024, both the London Stock Exchange (LSE) and FTSE Russell made consequential changes to their rules. In July 2024, the LSE verified amendments to its Admission and Disclosure Standards to reflect the collapse of the previous premium and basic listing sectors into the brand-new business business classification.

, chaired by Charlie Geffen. The objective of the taskforce was to consider the potential advantages of the UK moving to a T +1 securities settlement cycle and outline how this change might be executed.

On 19 February 2025, the UK federal government announced it accepted the suggestion and the UK market means to move to a T +1 settlement cycle on 11 October 2027. Among the suggestions from the UK Secondary Capital Raising Evaluation led to the establishment in July 2022 of the Digitisation Taskforce, chaired by Sir Douglas Flint.

Optimizing IT Systems for British Firms

In July 2023, the taskforce released an Interim Report (read our summary here) that made a number of suggestions, consisting of: legislation should be brought forward, and business posts of association changed, as quickly as practicable to stop the issuance of new paper share certificates; the government must advance legislation to require dematerialisation of all share certificates at a future date; the federal government ought to talk to issuer and investor representatives on the favored personality of "recurring" paper share interests and whether a time frame should be enforced for the identification of untraced Ultimate Beneficial Owners (UBOs); andintermediaries should have a commitment, as a condition of participation in the clearing and settlement system, to put in place typical innovation that enables them to react to UBO demands from issuers within a really brief time frame.

ANSR July UK PRs

Digitisation would target listed companies with a view to minimizing expenses and waste, and enhancing investor communication. The report proposes additional steps to ensure that UBOs within the intermediated securities chain would have the ability to work out investor rights that are currently just guaranteed for registered investors, along with procedures to boost communication in between business and UBOs.