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

Brooks Macdonald completes Lift buy

Brooks Macdonald completes Lift buy

Lift founder Holden to lead financial planning business

Jen Frost
clock 03 February 2025 • 2 min read
Editor's view: AI reward outweighs the risk for savvy financial advisers

Editor's view: AI reward outweighs the risk for savvy financial advisers

The editor's Friday Night Takeaway from 31January

Jen Frost
clock 31 January 2025 • 5 min read
How smart structuring can lay the foundations to empower business ambitions

How smart structuring can lay the foundations to empower business ambitions

Taking stock of structure and risk profile

Lucy Mangan
clock 29 January 2025 • 4 min read