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

LSE_9_PA_230x150
By Aidan Gregory
10 Dec 2019

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.

The UK ruling party is reportedly exploring the possibility of permitting dual-class share structures on London's main exchange to attract more tech companies to list there. This is despite the fact that the inclusion of dual class ownership on London's premium segment has been resisted by its ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial