UK Listing Rules Reviewed to Increase Competitiveness
Friday, March 5, 2021 In November 2020, the UK launched a review of its Listing Rules, led by Lord Jonathan Hill, with a specific goal to recommend changes that would improve the UK’s competitiveness as a global listing centre, particularly for high growth and “new economy” businesses. On 3 March 2021, the report, containing 15 recommendations, was published. Among the recommendations is a proposal to remove the structural impediments in the UK listing rules for special purpose acquisition companies (“ SPACs”), aligning the rules more closely with the rules applicable...
Source: natlawreview.com