On February 5, the UK’s Financial Conduct Authority (FCA) updated its webpage on the temporary measures introduced to regulatory reporting in response to the COVID-19 pandemic (the Webpage).
In the Webpage, the FCA permits firms and their auditors flexibility in the submission deadline for annual report and accounts (FIN-A filings) in light of the challenges caused by the pandemic. Firms that wish to delay their 2021 submission can apply a two-month extension on submissions due up to and including July 31.
The FCA advises firms to submit FIN-A filings on time if it is possible to do so. The FCA also advises firms that all submissions should be made no later than September 30.
For further information on the impact of COVID-19, please refer to our Coronavirus (COVID-19) Resource Center.