LONDON (Reuters) – Britain should replicate New York’s success in listing “blank cheque” companies to boost the City of London’s attractiveness as a global financial centre after Brexit, London Stock Exchange Chief Executive David Schwimmer said on Friday.
“SPACs clearly have taken off in the U.S. markets. There is increasing curiosity and potential interest in seeing more of them here,” Schwimmer told Reuters.
“We do think are opportunities in the UK listings regime to make some changes that would make us a more attractive listing regime while maintaining high standards of corporate governance.”
(Reporting by Huw Jones; Editing by Rachel Armstrong)
