Jurisdiction(s):
United Kingdom

FCA sets out UK capital markets overhaul: disclosure-based listings, public offers and admissions regime, intermittent trading venue PISCES, research bundling, Digital Securities Sandbox, and pensions value-for-money reforms

Published on: 09 September 2024

Published by an LexisNexis Financial Services expert

Legal News

Article summary

Speaker: Sarah Pritchard, executive director of markets and international
Event: The Capital Markets Industry Taskforce conference
Delivered: 6 September 2024
Notes: This speech is a draft and may not match the delivered version

Key messages

We are pressing ahead with an ambitious suite of reforms to reinforce the UK’s standing in global wholesale markets.
After delivering the most significant overhaul of the listing rules in more than thirty years, we followed, within weeks, with further measures to strengthen the UK’s position as a vibrant, global financial centre.
Success is not counted in days, weeks or months; it is judged by the long‑term economic growth of UK capital markets.

Introduction

When it first launched, the Great North Run was billed as a local fun run. It has since become one of the country’s largest races. On 1 September 2024, 60,000 participants will cover the 13.1‑mile route from Newcastle to South Shields. The more than £25m it raises each year for charity depends on far more than one person’s half marathon on a single day; it rests on the collective, thousands of hours of training. Analysing substantial amounts of data on smart watches or...

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