Planned changes to rules on how companies list in the UK will lay the foundations for a “thriving” capital market and encourage domestic investment, cementing Britain as a leading global market of choice, the Financial Conduct Authority has said.
Sarah Pritchard, the FCA's executive director of markets and international, told an event in London yesterday (25 September) the proposed changes will "streamline the listings rules" to help "attract a wider range of companies, encourage competition and improve choice for investors". The FCA will "explain and confirm" changes to the listing rules "before the end of the year, and will then seek to implement speedily", Pritchard said. UK listings framework continues to dampen IPO appeal While Britain has been Europe's biggest financial hub for many years, listings in the UK have red...
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