FCA reviews effectiveness of UK primary capital markets

Regulatory Updates | 16/02/17

The FCA has published a Discussion Paper which seeks feedback on how the UK primary capital markets can most effectively meet the needs of issuers and investors. The FCA has also launched a consultation on proposed technical enhancements to the Listing Rules. This considers improvements to FCA rules and guidance to ensure the Listing Rules continue to service the needs of issuers and investors. The proposed changes include:

  • Clarifying the eligibility requirements for premium listing.
  • Introducing a concessionary route to premium listing for property companies.
  • Updating how premium listed issuers may classify transactions and changing the requirements on when they should consult with the FCA.
  • Changing their approach to the suspension of listing for reverse takeovers.

The consultation ends on 14 May 2017.