LONDON, March 29 (Reuters) - Britain's financial
watchdog said on Wednesday it will consult on replacing its
twin-track standard and premium company listing regime with a
single regime and set of requirements as critics say changes are
needed to compete better with New York in company floats.
"We plan to propose replacing our current standard and
premium listing segments for shares in commercial companies with
a single listing category with one set of requirements,"
Financial Conduct Authority chief executive Nikhil Rathi said in
a speech.
(Reporting by Huw Jones, Editing by Louise Heavens)
Messaging: huw.jones.thomsonreuters.com@reuters.net))
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