The FCA has published rules for a simplified listings regime in its biggest shake-up in over three decades to support a wider range of financial services firms to issue their shares on a UK exchange.

The FCA is keeping a close eye on an ‘uptick’ in overseas firms trying to establish an operation in the UK but keeping senior staff overseas.

The Financial Conduct Authority has put plans to create a simplified advice regime on hold.

The FCA is consulting on new rules which would extend FSCS protection to retail investors investing in Long Term Asset Funds (LTAFs).