The Financial Conduct Authority (FCA) published a consultation paper on 20 December 2023 (CP23/31), setting out its proposals to reform the UK listing regime with reference to feedback received in previous consultations. Generally, the FCA has adopted the same approach and retained most of the proposals set out in its last consultation paper published in May 2023 (see our alert on the proposed reforms to the UK Listing Rules). The FCA presents the first tranche of the new Listing Rules in this consultation paper (the second tranche is to follow in Q1 2024), and if these changes are adopted, the FCA expects that the new Listing Rules will go live early in the second half of 2024.
Source: FCA Consults Further on the New UK Listing Regime