FSA eases requirements for U.K. firms to list on LSE

09/28/2009 | Financial Times (tiered subscription model)

Rules from the Financial Services Authority will make it easier for U.K. companies to list on the London Stock Exchange. Previously, listing requirements for British companies were stricter than those for foreign companies, obliging domestic companies to follow stringent rules on fundraising, disclosure and board composition. The rules allow British companies to choose between a "primary" listing, under the stringent rules, or a "secondary" listing, such as that of foreign companies.

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