Changes made to the company listing rules have been widely welcomed by the investment industry as it is believed they are likely to encourage more companies to list in the UK and provide opportunities for investors. Still, there are issues the government must address, it has been argued.
The Financial Conduct Authority's (FCA) listing rules - which come into effect on Friday (3 December) - have seen a number of changes to maintain the UK as a "trusted and attractive place to list successful companies", according to the watchdog. Although in the policy statement the FCA acknowledged there were some respondents who did not agree with the new listing rules, overall the changes have been received well. Changes include: allowing dual class structures (DCSS) within the premium listing segment; reducing the amount of shares an issuer is required to have in public hands from ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
