UK listing rules: if it ain't broke, don’t fix it

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UK listing rules: if it ain't broke, don’t fix it

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File photo dated 04/10/16 of a sign in Paternoster Square outside the London Stock Exchange who received the green light from company shareholders to buy data provider Refintiv. | Nick Ansell/PA Wire/PA Images

The Conservatives may push for further deregulation of the UK’s financial system after Brexit, including allowing dual-class share structures on London's main market, if they emerge victorious from the general election on Thursday. This would be a mistake — they should not put at risk London's high corporate governance reputation in order to seek to compete with New York or Hong Kong.

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