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Company law change set to benefit private investors


The Government is set to review longstanding company laws which could pave the way for private investors to receive constant updates on firms&#39 results online.


The proposal is part of a wider review of company law and could see Britain&#39s 16 million private investors receive company results on the internet or by e-mail in tandem with the stock exchange&#39s regulatory news service.


At present small investors rely on company&#39s annual reports sent out two or three months after preliminary results are released to the market.


The Accounting Standards Board has already released proposals to allow businesses to provide small shareholders with simplified and more accessible versions of company accounts.


Board chairman Martin Scicluna says: “This will hopefully deal with the equality of information. It&#39s direct, it&#39s cheaper, and its more immediate.”

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