FCA proposes single segment regime for listed companies

Seeks feedback

James Baxter-Derrington
clock • 1 min read

The Financial Conduct Authority is seeking feedback on proposals for a single listing segment regime for equity shares of commercial companies, overhauling the current premium and standard model.

Currently, companies looking to list on UK markets have the option of filing either under the premium or standard segment, which the regulator suggested creates unnecessary complexity. It added the role of the standard listing is largely filled by the UK junior markets such as AIM and Aquis. As such, it has proposed a single segment regime, which would feature a single set of eligibility criteria with a mandatory and supplementary distinction. All issuers of equity shares of commercial companies would have to meet the mandatory criteria, described as a "robust, minimum set of continui...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Lack of personalisation in client engagement risking business growth

Lack of personalisation in client engagement risking business growth

Oxford Risk says better engagement could equal 10% organic AUM growth

Hope Coumbe
clock 23 April 2024 • 1 min read
Ten key steps to training and competence compliance

Ten key steps to training and competence compliance

Taking a proactive approach to training and competence

Jill Hamilton
clock 22 April 2024 • 4 min read
PA360: Last chance to secure your place for Thursday!

PA360: Last chance to secure your place for Thursday!

Join us at etc.venues in the City of London on 26 April

Professional Adviser
clock 22 April 2024 • 1 min read