FSA has published a policy statement on its listing review with some minor further consultation. Following the review, FSA decided to:  

  • restructure the regime into Premium and Standard segments;  
  • strengthen corporate governance requirements for overseas companies;  
  • introduce EU Company Law compliance to overseas companies;  
  • make the Standard listing segment available to UK companies as well as overseas ones; and  
  • simplify switches between segments.  

It is consulting on Premium segment companies offering pre-emption rights and clarifying that equity securities with a Standard listing must be admitted to trading on a Regulated Market. It wants comments by 2 December.