6 articles | last updated: Jul 11 15:24:14
New rules aim to attract global companies but face criticism over reduced investor protections.
- The Financial Conduct Authority has introduced its most significant reforms in three decades to attract more companies to list in London.
- Key changes include merging premium and standard listings, reducing voting requirements, and allowing enhanced voting rights for founders and investors.
- The reforms are intended to reverse the trend of companies moving their listings to the US and other markets.
- Critics argue the changes could lower standards and increase risks for investors, particularly pension funds.
- The success of the reforms may hinge on additional measures to encourage UK pension fund investments in domestic equities.
People, Places and Things In This Story
- The Financial Conduct Authority Government agency
- United Kingdom Country in Europe
- London Capital of England
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- Economics
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