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UK announces biggest overhaul of listings regime in decades

Financial Times LogoFinancial Times2w ago

UK announces biggest overhaul of listings regime in decades - Financial Times

Quick Summary:

The 10-year limit would not apply to sovereign wealth funds if they are controlling shareholders, a rule that could make it easier for some Middle East-owned companies in particular to list in the UK.

The Financial Conduct Authority announced the changes on Thursday, days after the election of a Labour government, confirming a report by the Financial Times last month.

The regulator has warned repeatedly that the new rules will mean there is a higher risk of investors losing money but it said they would “better reflect the risk appetite the economy needs to achieve growth”.


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Article Details

Author / Journalist: Michael O’Dwyer

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 23:02:11 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 737 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21569493

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 6 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

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The story "UK announces biggest overhaul of listings regime in decades" has 737 words across 27 sentences, which will take approximately 4 - 7 minutes for the average person to read.

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The story "UK announces biggest overhaul of listings regime in decades" was covered 2 weeks ago by Financial Times, a news publisher based in United States.

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Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 6 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #21569493
  • URL: https://beamstart.com/news/uk-announces-biggest-overhaul-of-17206580663621

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