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New UK listing regime is needed to keep pace in 'global foot race,' financial regulator says

By Sofia Gerace ( February 13, 2024, 06:43 GMT | Insight) -- The new UK listing regime is needed to make the country more attractive at a time when jurisdictions are in a race to become “powerful capital markets,” Mark Austin, chair of the Financial Conduct Authority's listing authority advisory panel has said. The financial markets watchdog wants to increase the number of listings, and the new rules will simplify eligibility requirements to encourage a greater range of companies to offer shares for trading in the UK.The new UK listing regime is needed to make the country more attractive at a time when jurisdictions are in a race to become “powerful capital markets,” the chair of the Financial Conduct Authority's Listing Authority Advisory Panel has said. ...

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