Comment deadline for FCA consultation to replace premium and standard listing categories with a single listing category
As part of a plan to strengthen the UK’s position in global wholesale markets, the Financial Conduct Authority (FCA) has published a consultation paper, CP23/10 'Primary Markets Effectiveness Review: Feedback to DP22/2 and proposed equity listing rule reforms'.
The plans propose replacing the existing standard and premium listing share categories with a single listing category for commercial company issuers of equity shares. The aim is that this new framework should be more straightforward and allow sufficient flexibility to cater for a diverse range of companies, while maintaining transparency for investors to support market integrity and oversight.
Comments are requested by 28 June 2023.