FCA Unveils Major Overhaul to Boost London Stock Listings

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.