Lord Hill, the UK’s former European Commissioner for Financial Services, made a series of recommendations for reforms to the UK listing rules, in the UK Listing Review on 3 March 2021.
The recommendations aim to improve the global competitiveness of the UK and encourage investment in UK businesses, and will now be considered by HM Treasury for consultation. Chancellor Rishi Sunak said he is ‘keen to move quickly’ on the recommendations, while the FCA said it will consult on changes to the listing rules this summer and make rules by late 2021.
Download this At a glance to see our summary of the recommendations and what they mean for firms.