FCA proposes single segment regime for listed companies

Seeks feedback

James Baxter-Derrington
clock • 2 min read
Responses will be accepted until 28 July 2022.
Image:

Responses will be accepted until 28 July 2022.

The Financial Conduct Authority is seeking feedback on proposals for a single listing segment regime for equity shares of commercial companies, overhauling the current premium and standard model.

Currently, companies looking to list on UK markets have the option of filing either under the premium or standard segment, which the regulator suggested creates unnecessary complexity. It added the role of the standard listing is largely filled by the UK junior markets such as AIM and Aquis. FCA confirms new listing rules including dual-class structure As such, it has proposed a single segment regime, which would feature a single set of eligibility criteria with a mandatory and supplementary distinction. All issuers of equity shares of commercial companies would have to meet the ma...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot