Senior Labour MP raises ‘concerns’ with City regulator over planned Shein listing

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Financial Times 13h ago

Senior Labour MP raises ‘concerns’ with City regulator over planned Shein listing - Financial Times

Quick Summary:

He asked whether the LSEG was able to verify “statements by firms seeking to list, with particular regard to their safeguards against the use of forced labour in their products”.

David Schwimmer, chief executive of LSEG, which owns the London Stock Exchange, is also part of the delegation.

Writing to Rathi, he wanted to know what checks were in place to ensure companies disclosed legal risks to prospective investors in their listing documents.