FSA seeks to restructure UK Listings Regime

In a discussion paper published today, the regulator suggests those securities subject to higher standards should be more clearly separated from directive minimum standards. It discusses ways to re-label the primary and secondary listings to help market participants understand the obligations on issuers of listed securities. The FSA says the Listing Regime is a key element of the UK market's success. It points out London has increased its share of the global initial public offering (IPO) market and the UK continues to attract considerable numbers of overseas issuers. The paper seeks vie...