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The New UK Prospectus Regime

On 15 July 2025, the FCA published PS25/9 and PS25/10 outlining its final rules for the new Public Offers and Admissions to Trading regime, which will supersede the existing UK Prospectus Regulation from 19 January 2026. This...more

Recent Developments for UK PLCs - July 2025

On 5 June 2025, the GC100 and Investor Group published an updated version of their Directors’ Remuneration Reporting Guidance. This revision reflects evolving best practices and incorporates changes introduced by the...more

Recent Developments for UK PLCs May 2025

On 14 April 2025, the FCA published its updated regulatory initiatives grid, which sets out its regulatory pipeline — the first update since the new UK government came to power. The new grid outlines the expected timings of...more

FCA Publishes Final Rules for Reformed Listing Regime

The new regime modernises the listing framework while maintaining robust standards to protect investors and ensure market integrity. On 11 July 2024, the FCA released the final rules for the new UK listing regime, which...more

FCA Unveils Final Measures to Make UK Listing Regime Match Fit Again

The consultation paper confirms a radical approach to bolster the international competitiveness of the UK markets and return to a disclosure-based listing framework. The FCA today published consultation paper CP23/31...more

FCA Proposes Radical Reforms to Encourage UK Listings

Proposals significantly reduce the regulatory burden on premium listed companies. On 3 May 2023, the FCA published a consultation paper CP23/10 which sets out a blueprint for changes to the UK listing regime and the...more

FCA to Unveil Blueprint for Reforms to the Listing Regime

FCA chief executive’s speech indicates an exciting transition to a lighter regime and a true single listing segment. By James Inness, Anna Ngo, and Johannes Poon On 29 March 2023, FCA Chief Executive Nikhil Rathi delivered a...more

FCA Proposes to Unify the Listing Regime for Commercial Companies Under a Single Listing Segment

The regulator continues its Primary Markets Effectiveness Review to promote the competitiveness of a UK listing. On 26 May 2022, the FCA published a discussion paper (DP22/2) to seek further views on how to make the UK...more

Top 5 Focus Areas for UK Equity Capital Markets in 2022

Broad reform to listing regimes, growing ESG scrutiny, and increasing retail participation in fundraisings are among the areas to watch. Last year was memorable for UK equity capital markets (ECM). The IPO market was at...more

China Securities Regulatory Commission Proposes Major Expansion of Shanghai London Stock Connect Programme

The expansion would include Shenzhen Stock Exchange and potentially European stock exchanges, and would permit overseas issuers to raise capital in China through CDR listings. On 17 December 2021, the China Securities...more

UK FCA Confirms New Rules to Remove Barriers to Listing

The new rules aim to make London a more attractive listing venue for founder-led and other innovative IPO candidates. On 2 December 2021, the UK Financial Conduct Authority (FCA) published a Policy Statement (PS21/22)...more

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