On 6 October 2007 a number of minor changes to certain parts of the FSA Handbook took effect. The relevant parts include the Glossary, the Conduct of Business Sourcebook (which will, in any event, be replaced by a new Conduct of Business Sourcebook on 1 November 2007), the Market Conduct Sourcebook, the Listing Rules, the Prospectus Rules and the Disclosure and Transparency Rules.
LR 9.8.6R(1) was amended (as indicated by the FSA in LIST! 16) to make clear that an issuer's disclosure obligations in relation to directors' interests which require to be disclosed in annual reports need only report on the position as at the end of the period under review (and not changes that may have taken place during the relevant financial period). This change is supplemented by new guidance contained in LR 9.8.6A G.
Changes were also made to DTR 3.1.6R to clarify that where an issuer has made an announcement under DTR 3.1.4R(1)(a) (notification of transactions by persons discharging managerial responsibilities), it need not make a further announcement in the event of it receiving information in respect of the same dealing under section 793 of the Companies Act 2006 (notice by company requiring information about interests in its shares).
The majority of the other changes were made to replace references to sections of the Companies Act 2006 which are not yet in force.
These changes were introduced by Handbook Administration (No. 7) Instrument 2007, the full text of which can be viewed here.