United Kingdom: Listing Rules & Flotation

The Financial Conduct Authority (FCA) has published Primary Market Bulletin 56 (PMB 56) highlighting notification obligations for PDMRs and listed companies, and Primary Market Bulletin...

The UK's Financial Conduct Authority (FCA) proposes a new Public Offer Platform (POP) regime to help smaller companies raise capital in London. Key changes include eliminating the need for an FCA-approved prospectus for offers over £5 million on a POP, making POP operation a regulated activity, and requiring comprehensive due diligence and disclosures. This aims to lower costs and streamline processes compared to the traditional prospectus regime, fostering greater access to capital for smaller

The FCA is also seeking to reduce the regulatory burdens that have been criticised for preventing UK listed companies from being competitive on the global M&A stage.