The ACT’s view is that the current regime for debt and equity listings is not in need of a major overhaul. We do believe however that there is considerable value in clarifying the language and labelling of the various forms of UK listing and in making the relevant elements of the FSA website more easily accessible to interested parties. We are in favour of the retention of the UK super equivalent standards as a qualitative enhancement of the minimum EU requirements. The public regulation of these standards should continue to be managed by the FSA.
The ACT is aware of the of the CBI’s paper on this matter and is supportive of their submission.
