Britain proposes tech company listing reforms to catch up with New York

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Britain proposes tech company listing reforms...
 © CyprusMail 2021
Britain’s financial watchdog on Monday proposed making it easier for tech companies to list in London to strengthen the capital’s ability to compete with New York and the European Union following Brexit.

The Financial Conduct Authority (FCA) has proposed allowing dual class share structures for “innovative, often founder-led companies” for the first five years of a listing on the London Stock Exchange’s premium segment.

Dual class share structures allow company founders to maintain control at the expense of ordinary shareholders and are popular in New York and...


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Article automatically added to our system on Monday, July 5, 2021

Britain proposes tech company listing reforms to catch up with New York


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Article Tags: #britain   #proposes   #company   #listing   #reforms   #catch  


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