Quoted Companies Alliance
Purpose:
The Quoted Companies Alliance (QCA)
is a not for profit organisation dedicated solely to fighting for the interests
of the smaller quoted company (SQC) sector.
Membership:
Quoted companies outside of the FTSE 350, including those on AIM and PLUS,
and their advisers.
Founded: The QCA was established as CISCO in 1992 by a group of SQC advisers. The
group changed its name to the QCA in 2000.
Based: 6 Kinghorn Street, London
Structure: The QCA is governed by an executive committee elected by the members for a three year term. It
meets monthly and highlights issues brought to it by technical committees – and then formulates plans for the coming month. The committees include: corporate governance; accounting standards and share schemes.
Chairman:
Mark Brady, Brewin Dolphin
Securities
Chief executive:
John Pierce
Activities:
- Lobbying the Government, Brussels and other
regulators to reduce the costly and time consuming burden of regulation,
which falls disproportionately on smaller quoted companies. This work is
done by the QCA's technical committees.
- Promoting the SQC sector, taking steps to
increase investor interest and improve shareholder liquidity for companies
in it. This is done by the technical committees and press contacts. It is a
stated aim of the QCA to encourage all pension funds to hold at least 2-3%
of their funds in SQC equities.
- Educating companies in the sector about
best practice in areas such as corporate governance and investor relations.
This is done via the QCA's events programmes and publications.
- Providing a forum for Smaller Quoted
Company directors to network and discuss solutions to topical issues with
their peer group, sector professionals and influential City figures via the
events programmes.
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