UK Plans Powers To Block Market Listings Over Security Fears

Law360, London (May 26, 2021, 1:58 PM BST) -- The government confirmed on Wednesday that it will propose new powers to allow it to prevent companies from listing on the London Stock Exchange if there is a national security risk as it seeks to cultivate a "clean, transparent" financial center.

HM Treasury said it plans to consult on creating powers to stop companies floating on the London Stock Exchange if there are security concerns about its owner or operations. (iStock) HM Treasury said it plans to launch a consultation on powers to prevent a company from floating on London's financial market if the government has security concerns about its owner...

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