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UK planning to loosen IPO rules amid angst over dearth of deals

BLOOMBERG The UK is proposing “significant changes to the listing rulebook” in a bid to make London more attractive as a financial centre with its moribund capital markets stoking fears about the city’s ability to compete with New York and Asian hubs. The Financial Conduct Authority (FCA) wants to replace its premium and standard listing categories with a single offering ...

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EU wants more scrutiny on commodity trading

BLOOMBERG For decades, Europe’s commodity traders have avoided being regulated on par with other financial firms. A new proposal currently working its way through the European Union (EU) legislative system could change that. As part of a package updating its landmark MiFID II regulations on financial markets, the European Parliament has proposed to review its “ancillary activities exemption,” according to ...

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