Light-touch takes beating in UK, Germany
Europe’s light-touch regulation stock exchange movement received another blow this week with the UK’s Plus Markets potentially starting a wind-down process. The news followed the closure, announced earlier this year, of a similar exchange in Germany, Deutsche Boerse’s First Quotation Board.
Its a real shame for the 150 or so companies on Plus, but the news highlights the fact that investors are cautious in the current difficult market, said Sean Geraghty, a partner at legal firm Dechert. The lighter-touch landscape offered by Plus has simply not inspired investor confidence.Plus ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com