Relaxed UK IPO rules could see activist shareholders ‘resorting to the courts’ over ESG

Experts fear the UK regulator’s attempts to rejuvenate the London listings regime could attract companies with weaker governance, prompting an increase in litigation from investors

The Financial Conduct Authority has proposed simplifying the UK’s listing rules as part of a push to kick-start the ailing London market, sparking fears about a watering down of investor protections.