The AIC has published a public consultation on the Statement of Recommended Practice: Financial Statements of Investment Trust Companies and Venture Capital Trusts (the AIC SORP).

The consultation paper invites comments on proposed targeted amendments to paragraphs 30 and 82 of the AIC SORP regarding the discourse of substantial holdings in unquoted assets.

Please find the current AIC SORP here.

Invitation to comment

The AIC invites comments from interested parties in response to the questions raised in the consultation paper by close of business on Friday 22 April.

Please send comments to [email protected].


Comments may also be sent in hard copy to:

Lisa Easton
The Association of Investment Companies
9th Floor, 24 Chiswell Street
London
EC1Y 4YY.

All consultation responses will be sent to the Financial Reporting Council.  In addition, consultation responses shall be published and publicly available on the AIC’s website unless confidentiality is requested by the respondent.

 

Consultation responses