FCA has published the feedback to its discussion paper on proposed reforms to improve the effectiveness of UK primary markets and the listing regime. In a second discussion paper, published alongside this feedback, the FCA has set out further proposals for reform.
The FCA is proposing that companies wanting to list in the UK would no longer have to choose between two different segments with different branding and standards. All listed companies would instead need to meet one set of criteria and could then choose to opt into a further set of obligations overseen by the FCA.
Responses on the discussion paper are due by 28 July 2022.