The way forward
While the FCA’s reforms are an important start in showing the desire to foster a supportive growth environment for companies that are not large or mega cap, it is critical the UK should be able to compete for global listings based on its excellent reputation for investor protection, its connectivity with global investors and listing regime that is more efficient and less costly and onerous than its US peers.
By focusing on maintaining a robust investor protection regime, making the market more efficient for investors, and focusing on early-stage growth companies, London can lead from the front once again, without the distractions of solely competing with its peers.
Jason Paltrowitz is executive vice-president of corporate services at OTC Markets
