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Deborah Harris Quoted in Law360 on Potential Merger of U.K. Listing Segments
07.05.22
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Counsel Deborah Harris was quoted in a Law360 article titled, “FCA Will Need Upgrade If U.K. Merges Listing Segments.” The article explored how companies could be more attracted to list in London rather than the U.S. or Europe if the standard and premium listing segments were merged and burdensome standards reduced, as well as whether this could result in the loss of the sponsor role and require more Financial Conduct Authority (FCA) oversight. Deborah commented that “Switching to a unified listing segment would remove an element of choice for issuers — the high standards of governance and investor protection offered by a premium listing comprise a core part of London's listing infrastructure and reputation but may not be appropriate for some issuers, particularly high growth businesses or those looking to list at an earlier stage of their growth. However, there is scope for a re-analysis.”
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