The Financial Conduct Authority has proposed to reform the UK listing regime to simplify and streamline the current framework.
The "significant changes" would include the replacement of the existing ‘standard' and ‘premium' listing segments in favour of a single category for equity shares in commercial company, the regulator said. The FCA intends to focus the requirements on "transparency for investors" to support decision-making and sponsor oversight "at the listing gateway" as this would ensure companies meet the regulator's standards. UK listings framework continues to dampen IPO appeal Additionally, a single equity category would remove eligibility requirements deterring early-stage companies, the FCA ...
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