The listings regime for investment companies will be sim-plified into a single process by early next...
The listings regime for investment companies will be sim-plified into a single process by early next year, the FSA said last Friday. The regulator will abandon the two-tier regime it introduced last year for overseas investment companies. Currently, these are able to list under either minimum EU standards laid out in so-called Chapter 14 rules or the more stringent Chapter 15 regulations. UK companies, however, have only been able to list under Chapter 15. Under the changes, all companies will list under a modified Chapter 15. The changes will simplify the regime for investment companie...
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