Regulation

‘Aramco rules’ threaten investor protection, say fund managers

Financial Conduct Authority's proposed changes to the UK's premium listing rules create concerns

Aramco has been seeking an international venue for its partial IPO next year
Aramco has been seeking an international venue for its partial IPO next year Photo: Getty Images

Investment managers have given short shrift to regulatory proposals to make it easier for state-owned companies to list in the UK capital.

The UK's Financial Conduct Authority today opened a consultation on a new 'premium listing' category - a move that could help London lure the world's biggest IPO, Saudi Aramco.

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