# The Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019, Paragraph 4


In Annex 9, in item 11.1—
(a) in the first subparagraph, omit the third, fourth and fifth sentences and points (a) and (b);
(b) after the first subparagraph insert—
“In relation to a financial year beginning on or before the day on which exit day falls, such financial information must be prepared as mentioned in Article 35.
In relation to a financial year beginning after the day on which exit day falls, for issuers established in the United Kingdom, such financial information must be prepared in accordance with—
(a) UK-adopted international accounting standards, or
(b) if those standards are not applicable, UK accounting standards.
In relation to a financial year beginning after the day on which exit day falls, for issuers established in a country outside the United Kingdom, such financial information must be prepared in accordance with—
(a) UK-adopted international accounting standards,
(b) one of the accounting standards referred to in Article 35(5), or
(c) national accounting standards of that country that are equivalent to UK-adopted international accounting standards.
For an issuer established in a country outside the United Kingdom, if such financial information is not prepared according to the required standards, the following information must be included in the registration document—
(a) a prominent statement that the financial information included in the registration document has not been prepared—
(i) in the case of a financial year beginning on or before the day on which exit day falls, in accordance with International Financial Reporting Standards adopted pursuant to Regulation (EC) No 1606/2002 as it applies in the European Union, or
(ii) in the case of a financial year beginning after the day on which exit day falls, in accordance with UK-adopted international accounting standards, and
(b) immediately following the historical financial information, a narrative description of the differences between whichever of those international standards is relevant and the accounting principles adopted by the issuer in preparing its annual financial statements.”;
(c) in the final subparagraph, for “a Member State” substitute “the United Kingdom”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111178881/schedule/1/paragraph/4 (the official version)
Page: https://openlegislation.uk/draft-official-listing-of-securities-prospectus-and-transparency-amendment-etc-eu-exit-regulations-2019/schedule-1/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.