UK SRS in 2026: what the year settled, and what is left

The year opened with the government telling the FCA, on 5 January, that the standards’ reliefs would lose their time limits and that timing would be left to regulation.

The FCA consulted on 30 January in CP26/5, three and a half weeks before the final standards existed, and described its proposals as subject to them.

The standards arrived on 25 February, with no effective date, and have been available to anyone since.

The rules were made on 24 September and published on 30 September: comply or explain across all of UK SRS, five listing categories, reliefs of one year for Scope 3 and two for the rest of UK SRS S1 (PS26/19).

In the same week a separate FCA instrument replaced product-level TCFD reporting for asset managers (Handbook Notice 144).

Every step, with its status, is on the UK SRS timeline, and the wider calendar of UK regimes on the UK sustainability regulation timeline.

The FCA holds a webinar on 19 October 2026 to explain the new requirements (PS26/19).

It is consulting until 28 October 2026 on draft Technical Note 803.1, the guidance on what complying and explaining should look like, and aims to finalise it before 1 January 2027 (PMB 66).

The government’s Modernising corporate reporting consultation closes on 30 November 2026; it says only that the government will consider how UK SRS should be reflected in the Companies Act.

ISSA (UK) 5000 takes effect for periods beginning on or after 15 December 2026, so it is in effect for any engagement over a 2027 period that uses it; assurance itself remains optional, and so does the choice of standard, as covered on UK SRS assurance.

The FCA has promised updated information on its supervisory approach in the second half of 2027, and says it is working closely with the FRC, whose Corporate Reporting Review examines annual reports.

The FCA has published its own list of what listed companies should do before the rules start, and it is more useful than any generic roadmap because it is the supervisor’s.

PMB 66 sets out nine steps, from understanding the requirements and the proposed technical note to engaging investors on what they expect.

It also reminds companies of Listing Principle 1, which requires adequate procedures, systems and controls, and of DTR 4.1.8R on principal risks and uncertainties.

The full list, read against the rule text, is on the FCA’s UK SRS rules, and the practical programme on UK SRS compliance.