FCA's Pritchard: We will be better rule-makers to boost London IPOs

To support growth and innovation

The Financial Conduct Authority's executive director for Sarah Pritchard has pledged to better deploy the regulator’s rule-making powers in a bid to boost London as a location for IPOs.

Reforms are underway after British tech firm Arm and other businesses shunned the UK and chose to list in the US instead, raising concerns about the attractiveness of London as an IPO hub. At the UK Finance and EY UK Capital Insights conference today (16 May), Pritchard told delegates the regulator will play its to drive productivity by improving its own operational efficiency, making proportionate regulation, and "increasing trust, effective competition and innovation in stable and international markets". Following recent proposals to reform listing requirements, the FCA will shortly...