The Financial Conduct Authority has released it UK listings regime proposals, designed to encourage companies to opt for UK bourses.
Following a consultation on the move in May, the regulator has decided to keep the simplified regime by retaining a single listings category to streamline eligibility and ongoing requirements. FCA raises alarm on platforms' handling of customer cash interest This should encourage a "greater range of companies to list in the UK and compete on the global stage", it argued. The regulator has also retained a disclosure-based approach in the proposals, to put "sufficient information in the hands of investors", a measure which the FCA said would move from the current mandatory voting sys...
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