Changes to FCA listing rules welcomed but government must 'address wrinkles'

Retail investors need 'greater protection'

Changes made to the Financial Conduct Authority’s listing rules have been widely welcomed by the industry as they are likely to encourage more companies to list in the UK providing opportunities for investors. Still, there are issues the government must address, it has been argued.

The FCA's listing rules - which come into effect on Friday (3 December) - have seen a number of changes to keep the UK as a "trusted and attractive place to list successful companies", according to the watchdog. Although in the policy statement the FCA acknowledged there were some respondents who did not agree with the new listing rules, overall the changes have been received well. Anne Fairweather, head of government affairs and public policy at Hargreaves Lansdown, said: "Rule tweaks will encourage more companies to list in the UK providing welcome opportunities for investors. "T...