Home Business NewsBusiness FCA asks firms to delay results due to virus panic

FCA asks firms to delay results due to virus panic

by LLB Editor
23rd Mar 20 7:36 am

The Financial Conduct Authority (FCA) has asked companies due to produce preliminary financial statements in the next few days to delay publication due to disruptions caused by the coronavirus.

The watchdog urged all listed companies to observe a moratorium on the publication of preliminary financial statements for at least two weeks.

“The unprecedented events of the last couple of weeks mean that the basis on which companies are reporting and planning is changing rapidly,” the FCA said in a statement.

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