FCA starts work to strengthen SPAC standards
Follows Lord Hill listing recommendations
The Financial Conduct Authority (FCA) has begun work to strengthen protections for investors in Special Purpose Acquisition Companies (SPACs), following the recommendations of the Lord Hill listings review earlier this month.
Professional investors broadly welcomed Lord Hill's 3 March Listing Review recommendations, which included liberalising listing rules for SPACs, with expectations that the changes would help to grow the...
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