London to modernise listing rules as attractiveness stumbles

Hill report calls for cut in free float to 15%

Pedro Gonçalves
clock
Major changes should be made to London's listings regime to encourage firms to choose the UK over rivals
Image:

Major changes should be made to London's listings regime to encourage firms to choose the UK over rivals

The UK will ease its listing rules to encourage firms to choose the UK over rivals in the US and Europe as the government tries to carve out a role for the City of London after Brexit.

Under the recommendations of the review led by Lord Hill, former EU financial services commissioner, company founders would be able to maintain control over their companies even after listing them on an...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA bans adviser after 'understating' income in tax returns

FCA bans adviser after 'understating' income in tax returns

4Life Financial Planning director

clock 27 September 2021 • 1 min read
Is Chartered status worth the effort?

Chasing Chartered status: Is the long process worth it for adviser firms?

Just 14% of firms hold Chartered status

Hannah Godfrey
clock 08 September 2021 • 8 min read
The FCA report found firms had “not gone far or fast enough”

FCA value assessment review: An 'uncomfortable read' but unsurprising

‘Too many firms see it as a compliance project’

James Baxter-Derrington
clock 07 July 2021 • 5 min read