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...

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