On 1 March 2017, the Financial Conduct Authority (FCA) published a consultation paper: 'Reforming the availability of information in the UK equity IPO process' (CP 17/5) which sets out various proposals to improve the timing, sequencing and quality of information being provided to market participants in the UK's IPO process (the IPO Reform Consultation Paper). Responses are requested to be submitted by 1 June 2017.