On 21 May 2009, the Association of Investment Companies published a revised version of its guidance paper entitled "Further guidance on the Disclosure and Transparency Rules". Originally published in September 2008, the guidance has been updated following the FSA's 30 March 2009 communication which provided clarification on its interpretation of the requirements contained in the Disclosure and Transparency Rules (DTRs) regarding the dissemination of annual financial reports by listed companies. For more details on the FSA's communication please see our E-Bulletin article of April 2009.

View the AIC guidance on the DTRs (17 page pdf).