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FCA aims to reduce bias in IPO research with new rules

The watchdog’s changes to the listing process include ensuring analysts unconnected to the deal get access to management

FCA aims to reduce bias in IPO research with new rules
Photo: Getty Images

The Financial Conduct Authority has published a new set of measures that it hopes will make the UK's capital markets work more effectively, including changes to how information is distributed as companies prepare to list in London.

The FCA launched a consultation back in March on reforming the availability of information during an initial public offering. It said at the time that it had found evidence of risks "at all key stages of the IPO process", regarding the scheduling and quality of information available to investors as a company prepares to join the public markets.

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