FCA Eyes New Rules For SPAC Stock Listings To Rival US

Law360, London (March 31, 2021, 12:58 PM BST) -- The Financial Conduct Authority said on Wednesday that it plans to finalize rules by summer for London stock exchange listings aimed at attracting special purpose acquisition companies, in an attempt to pull level with U.S. regulations.

The City watchdog said that it plans to consult on amendments to the national Listing Rules that would loosen regulations for so-called SPACs. The "blank check companies" are formed solely to raise capital during an initial public offering and then acquire an existing business that is looking for an alternative way to list on a stock exchange.

The FCA said on Wednesday that it will...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!