Listing requirements review28 Oct 2023 14:53
It may be appropriate for those with a medium term view,to bear in mind that the FCA review into listing requirement is due to conclude shortly and it is possible that the new regulations could be in force by early next year.if,as expected, the current standard and premium categories are abolished, resulting in a single classification for all main market companies, this could have a beneficial impact for upland. at the moment trackers and institutional funds may find themselves precluded from investing in upland by virtue of their own investing criteria in relation to standard listed companies. if the distinction is abolished then they will be able (and indeed in some cases, required) to invest in uplands in contrast to the current situation. what effect this might have is, of course, a matter of speculation, but is, imo, worth bearing in mind https://www.twobirds.com/en/insights/2023/uk/a-return-to-laissez-faire-the-fcas-surprising-proposals-to-relax-the-listing-rules