The changes are part of a wider effort to attract companies to float in the UK by easing regulatory requirements. FCA chief executive Nikhil Rathi warned last week that they would create “potential for failure” as well as “great opportunity” from companies seeking to list.
“As we do that, we do need to accept that there is a risk of more things going wrong . . . acceptance that with risk comes great opportunity but also potential for failure . . . is important.”
https://www.ft.com/content/5c9a948e-8a43-4e82-8e11-8d06bda96971