ANGS- "The London Stock Exchange10 Jan 2019 20:16
outlines AIM due diligence requirements." https://tenintel.com/the-london-stock-exchange-outlines-aim-due-diligence-requirements/
Quote:
"Accordingly the quality of due diligence on directors and the substantive judgements applied by a Nomad in assessing such information is vital."
"Where issues of concern are raised that cannot be reconciled, the Nomad should consider how they impact on appropriateness. Depending on the circumstances, this may extend to concerns that REMAINS UNPROVEN."
"Where issues of concern are raised from due diligence, a Nomad must reconcile these concerns by way of FURTHER REASONABLE Enquiry and UPON A V E R I F I A B L E basis."
"Due diligence including a suitable director*s questionnaire, web-based general searches, Companies House or similar overseas checks, interviews, reviewing references etc."
NOTE: No where does it say that the Nomad will pull the plug and concerns are not VERIFIED etc as above.
Eg Lord George Bingham LUCAN, 8th Earl of Lucan [Wikipedia] is a British hereditary PEER, Occupation: BANKER, Residence: BELGRAVIA, LONDON. Education: Eton and Trinity College, Cambridge. Lord Lucan the 8th Earl married Sofie, the daughter of a Danish Industrialist. Common knowledge that Belgravia is only of the most expensive real estate in London and the rich and famous live there including Margaret Thatcher, British PM.
My word! Please check. DYOR.